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FxLabsPlus

Trade idea - EURJPY BUY opportunity

Long
Euro / Japanese Yen (FX:EURJPY)  
FxLabsPlus Updated   
FX:EURJPY   Euro / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators EURJPY eurjpylong
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trendanalysis chartpattern indicator eurjpy eurjpylong
Anticipation of the Golden cross(Crossover of 10 moving average over 20 moving average) occuring on the daily chart.
This setup convinces us to go long on this pair and we have a bias to BUY this pair above 129.50 with the view that it will cross 130.00 and beyond.
Trade closed manually:
Trade closed at 130.50
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