Long Opportunity For EUR/JPY

FX:EURJPY   Euro / Japanese Yen
As you can see from the daily chart there is a clear uptrend at the moment for EUR/JPY . I plan to open this trade nearing the trendline I have placed on the chart, near the 129.500 support region if we fall lower, and hope for a bounce to continue the uptrend towards the 133.000 resistance region where we failed to break in April. My stop loss will be placed around the 128.400 area.
Aug 05
Trade closed: stop reached


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