olly48

EUR/JPY to Rise to Trend Line

Long
FOREXCOM:EURJPY   Euro / Japanese Yen
I have been monitoring this for a few days and it has just retraced to the support level marked by the blue line. This could be a good time to long from here. There is a major trendline just above the current price so TP can be set at this line or at the previous high, it depends how long it takes to reach this point. Environment is still bullish as seen on MACD is not below 0.
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