ForecastCity_ME
Long

Don't miss the great buy opportunity in EURJPY

FX:EURJPY   Euro / Japanese Yen
Trading suggestion:
. 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.

Technical analysis:
. 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 RSI is at 64.

Take Profits:
TP1= @ 124.03
TP2= @ 124.14
TP3= @ 124.30
TP4= @ 124.50

SL= Break below S2

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Comments

Nice analysis as usual
+1 Reply
@Sir_Ray, Thanks
Reply
Thx
+1 Reply
@Kristalyn, You're welcome
Reply
Thanks... I will keep an eye on this...
+1 Reply
ForecastCity_ME Mehmetozdemi
@Mehmetozdemi, You're very welcome!
Reply
amazing
+1 Reply
ForecastCity_ME Pro_Trader_007
@Pro_Trader_007, We're glad you like it.
Reply
nice chart and Analysis
+1 Reply
ForecastCity_ME Shiva_forex
@Shiva_forex, Thanks for your comment. We appreciate it
Reply
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