EURJPY Long
Updated
I expect more upside to the pair.
Watch the market sentiment, risk aversion might continue during the week which streinghten the safe haven yen.
On the daily timeframe we have buying pressure.
The rate difference between the ECB and BOJ supports the upside.
On the 5m we took out the asian session lows and had a valid breakout.
Have a great day!
Watch the market sentiment, risk aversion might continue during the week which streinghten the safe haven yen.
On the daily timeframe we have buying pressure.
The rate difference between the ECB and BOJ supports the upside.
On the 5m we took out the asian session lows and had a valid breakout.
Have a great day!
Note
The first Take Profit is the last session high.The second is a daily close below the 10 sma.
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