Euro / Japanese Yen
Long
Updated

EUR/JPY Possible short term buy

71
EURJPY

Possible short term buy position with two targets

2H
- Currently showing overbought
- Extension from 120 - 121 is hitting the 127% zone
- Expecting retracement to 121.19 @ 38% zone
- Extension from 120.16 - 121.84 is showing a rough target area

Entry: 121.2
TP1: 121.699 (48)
TP2: 122.300 (109)
SL : 121.078 (13)


Note
SL: 120.9 (30)

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