Euro / Japanese Yen
Long
Updated

EURJPY Long

242
Looking to go long on EJ.
The pair has been in a decent uptrend since the beginning of October, I am expecting this to continue till around mid November.
Price of interest for a long is 163.412.

Confluences:
- Key Level
-38% Fibonacci
- Cluster of EMA's (Daily 50, 100 & 200)

SL is 1.5 times the size of the zone of interest so 45 pips
Targeting a higher high around 167.

Trade safe, and catch you later traders ▲
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