DeGRAM

DeGRAM | EURJPY break above / close above

Long
FX:EURJPY   Euro / Japanese Yen
EURJPY is making higher highs and higher closes on the 4 hourly chart, indicating a bullish trend.

Price rebounded from the reaction zone.

The market broke and closed above the reaction zone, which is the support level.

We expect a breakout of the level, a pullback to it, and then a continuation of the trend since the major trend is bullish.



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