EURJPY: Bullish Forecast For Next Week Long

Euro Fx/Japanese YenFXCM

Description

⋅ May 23, 2020 11:09 AM

EURJPY has broken above a major falling channel this week.

now the price is retracing!
strong demand zone is ahead:
it is based on a key daily historical levels and a resistance line of a broken channel.

I believe that the price will start growing from the underlined zone!

goals for buyers are 118.0 / 119.0

good luck!

Trade closed: target reached

⋅ May 26, 2020 7:47 AM

new analysis

Comments

teliber

⋅ May 24, 2020 6:31 PM

Where should I place SL?

VasilyTrader

⋅ May 23, 2020 11:09 AM

Are you also bullish on EURJPY?

AmyLand

⋅ May 24, 2020 1:36 PM

Thanks for the detailed analysis

obeiibra

⋅ May 24, 2020 6:17 AM

Thank you for sharing, I have something similar. : )

VasilyTrader

⋅ May 24, 2020 1:14 PM

@ooobe, you are welcome bro)
Good outlook!

AkashAhmed9719

⋅ May 24, 2020 5:19 AM

Thanks for the detail analysis

VasilyTrader

⋅ May 24, 2020 1:13 PM

@AkashAhmed9719, you are welcome my friend!

TradingExpertFx

⋅ May 23, 2020 6:17 PM

Perfect idea bro!

VasilyTrader

⋅ May 23, 2020 6:30 PM

@DaniilSusanin, thank you)))