EURJPY possible Long opportunity!

2019年2月7日

Hello traders! In the last month the EURJPY has created a Bullish Support trendline. The price of the EURJPY is getting close to this area again, and so we should expect a bullish bounce up from this trendline. MACD is already crossed but I think it's a fake cross and the price will drop down just a bit and then it should make a nice cross. RSI is going Oversold. I would recommend placing your stops below the Support level that you can see on the chart and placing your limits below the last big Resistance level and that level is around 125.90. I wish you the best of luck with your trading :) .