Breakout of 50 fib level and 130.58 support is confirmation of a continuation of the uptrend. We can expect the pair to first drop around 25-30 pips before continuing to the overall target of 132.573. Also, Japan's equities were lower at the close on Thursday, as losses in the Rubber, Transportation Equipment, and Manufacturing sectors propelled shares lower,...
Looking to go long if we see a rejection off of the resistance zone and trendline. If the pair breaks through, we are looking to short until the lower zone.
Looking to buy the retest. Looking at targets around 155.00
A clear w Reversal pattern for EURJPY. Selling for now. Watch out for consolidation zone coming up