EURJPY: The Next Trend Following Move
Updated
Hey traders,
EURJPY is trading in a long-term bullish trend.
The last structure high was set 17th of March.
After that, the price is trading in a consolidation.
From 31th of March, the price started to coil within a narrow horizontal trading range.
To catch the next trend-following move, wait for its bullish breakout.
Next goal will be 131.5
In case of a bearish breakout of a blue major channel, chances will be high to see a reversal.
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