. There is a possibility of temporary retracement to suggested support line (123.74). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. EURJPY is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The is at 64.
TP1= @ 124.03
TP2= @ 124.14
TP3= @ 124.30
TP4= @ 124.50
SL= Break below S2
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