EURJPY long scenario - if price reaffirms uptrend
Trends are to become in sync soon above the green zones. If lower green zone is broken, target is the green zone above, then the local high, then FIBO 138.2 / 161.8
This is a long term projection and can change any time the uptrend (that is not even valid yet) changes.
This is a long term projection and can change any time the uptrend (that is not even valid yet) changes.
Note
If the next green zone is broken, trends will be in sync. It doesn't show much momentum, though.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.