okoukonicharles

EURJPY Long Trade Setup

Long
FX:EURJPY   Euro / Japanese Yen
A #long trade opportunity recently presented itself on the #euroyen (#EURJPY) #trading chart 📈.

This is indicated by the #bullish harami candlestick 🕯️ pattern just above the 154.264 horizontal support level.

This indicates a rejection of the same level, with potential price move in the upward 👆 ⬆️ direction (#buy).

Sufficient upward momentum should see price rallying towards the 164.000 psychological level and possibly testing the strength of the 170.301 horizontal resistance level.

As always, please apply appropriate risk management.

Happy trading!

#crosspair
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