Euro / Japanese Yen
Long
Updated

EURJPY: Bullish Continuation

1 287
snapshot

Following our previous analysion on EURJPY we have now even more bullish clues.

The price has formed a nice double bottom with higher low and just broken above a bullish flag pattern.

Now the area between the neckline and broken resistance of a flag serves as a local demand zone.
From that bullish continuation will be expected.

Goals:
123.92
124.4
Trade closed: target reached
t1 reached

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