danresdidualfx

EUR/JPY market analysis

Long
OANDA:EURJPY   Euro / Japanese Yen
In respect to market trend on higher timeframes, the euro is still trading relatively bullish to the yen. Price action seems to convey some respect to our upward trendline which was rejected, and could perhaps be a reversal area for more momentum to the highs.

risk/reward is tight

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