JollyboneForex

More upside to end this week

Long
FOREXCOM:EURJPY   Euro / Japanese Yen
following back on this uptrend from yesterday, short sellers had a very difficult time to contend against the buy side of things

what we are seeing at the moment is a pullback at the moment, retrace to the 38.2, which has been known for more aggressive buy side and continuation

no signs of a divergence to suggest any reversal at the moment,

trendline is still in play, another rejection candle that follows the trendline

expecting another round of uptrend, short sellers be careful

we have a 92% chance of upside tonight
Comment:
There was a moment of battle between buy and sells, but the buy side still stronger at the rejection area, keep going long

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