Hi Traders,
Eurjpy had been in downtrend. We would like to continue following the trend. We will be looking for sells targeting 0.5 fib level measuring from the current low.
Our target area will be 153.5. If price breaks our bullish trendline, it will be our first signal to look for sell. Look for clear and obvious confirmations.
Our stoploss will be above the most recent strong high which is 156.2 area. Work with your comfortable risk management.
Set your alerts on the bullish Trendline.
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Thank you and trade safe. 👍