EURJPY LONG

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EURJPY has been ranging for a long time so i would assume this is still a range or a downtrend. Either way its a long because EURJPY needs to retrace for the 'downtrend'.
H1 closed higher than previous candle. Wait for H4 closing higher for more confirmation if you like.

SL @ 126.5 TP @ 130

Trade at your own risk.
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Correction to the upside has been done so we will assume this is going for the big short. SL 130.70 TP 126

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Trend Analysis

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