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EURJPY Long Opportunity

Long
Euro / Japanese Yen (FX:EURJPY)  
gibbsys  
FX:EURJPY   Euro / Japanese Yen
Trend Analysis Technical Indicators tradingsignals signals
2
0
trendanalysis indicator tradingsignals signals
Trend: Long term bearish
Structure: Support and resistance

Plan: We have seen EURJPY breakout off the bearish trend and retest a point of support multiple times.

We can expect price to bounce off of the lower support level and move to previous highs.

MACD looks as if it may confirm, do not enter if it has not.
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