EUR/JPY - POSSIBLE LONG - GOOD RISK TO REWARD
Reasons why I'm trading this long:
1. Europe Economy is back.
2. Safe Haven is not needed anymore.
3. USD is on back foot and U.S economy can't stand another shut down.
4. SMA 200 on daily is strongly broken.
5. Strong Trendline is broken
WARINING: Treading is a risky job and this analysis must not be basis of your trading. It's just and idea to share. This analysis will not take any responsibilities toward your loss or gain. Fundamental analysis could be changed due to high economic volatility.
1. Europe Economy is back.
2. Safe Haven is not needed anymore.
3. USD is on back foot and U.S economy can't stand another shut down.
4. SMA 200 on daily is strongly broken.
5. Strong Trendline is broken
WARINING: Treading is a risky job and this analysis must not be basis of your trading. It's just and idea to share. This analysis will not take any responsibilities toward your loss or gain. Fundamental analysis could be changed due to high economic volatility.
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