EURJPY: LONG
This pair has consolidated after an impulse move up. Looking for the pair to break and close above previous high to continue going long. If price falls back down. I will look to long again at 122.270 and reaching extended target at 127.2 fibs level. Good risk reward. I doubt pair will go back to 122.70. I believe it will keep pushing higher for the rest of the week. Retest the structure on Monday or Tuesday and continue higher for the remainder of the week.
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