Euro / Japanese Yen
Long

EURJPY, This Week.

74
Main Parameters
1. Monthly timeframe - Bullish
2. Weekly timeframe - Bullish
3. Daily timeframe - Bullish
4. Intraday timeframes - Bullish

Other Parameters
5. JPY Basket - Bearish (positive with main parameters)
6. COT Data - EUR (Net Long [+Ve] with main parameters) JPY (Net Short [+Ve] with main Parameters).

Based on all these parameters, we are taking a long position risking not more than 18 Pips, targeting a 1:10+ at significant weekly level where we are targeting to take our profits.

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