just an another idea of going long on eurjpy.

FX:EURJPY   Euro / Japanese Yen
This is my fist time i post anything on this website. well. just get the try account setup yesterday.. so..

Since the last week. I have found the "bullist engufing" formed in the low past of the acceding uptrend channel ..
I am believe the downtrend my need to retrace back a bit..

+ And since the doji was also form the last Friday.. i believe it is time to go back down and test support again at around 138.00...
+ and if the support hold it could go up according to the acceding channel.

target price could be around 140.00 and the stoplost should not go below "bullist engufing" too much and possibly at 137.50


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