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Tuesday, April 20, 2021

EURJPY - LONG

EURJPY - LONG

EUR/JPY OANDA:EURJPY

#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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