Hey traders,
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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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.