Trendzilla vs Chop Kong (EUR/JPY)

36
The bias for EUR/JPY - in our view - is higher

On the weekly timeframe:
A) WMA has flattened out and price held above it B) downtrend line broken and held

On daily timeframe:
EUR/JPY just broke resistance for possible breakout trade up to the olf high to 166 - and possibly beyond

Thoughts ?

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