EURJPY: Important Breakout
Updated
Hey traders,
New higher high higher close on a daily chart on EURJPY.
After a quite long bullish accumulation, the price managed to break 127.5 major resistance.
Now a local rising trend line and a broken horizontal level give us a demand zone.
It can give us a nice spot to catch a bullish continuation after retest.
Next strong resistance is 129.0
Good luck!
Note
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