Yourlifematters

Possibly Bullish Trade Idea on EURJPY

Long
PEPPERSTONE:EURJPY   Euro / Japanese Yen
Potential Bullish idea for EURJPY. Looking for a retest of the 163.246 - 163.207 support zone.
Waiting for an oversold condition on the RSI. Which is currently met. Waiting on 5min time frame confirmation for potential BULLISH movement for entry. Let me also note that price could potentially give us a 100% retracement to the floor at which time we will also be ready to BUY.
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