GcNaif

Long based on Trendlines - Daily Chart

Long
FX:EURJPY   Euro / Japanese Yen
based on the daily chart this will be the first time the price will be testing the break of upper trendline taken place on november 11th 2014, ( good area to long with tight stop loss. If that breaks the second area to long will be the touch of lower trendline near 137.

Note: Also the current price level is the 61.8 retracement of move from 16th of october 2014 to december 9 2014.

I am a Chart Slave.Thank you TradingView and @nmike.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.