EURJPY IS LOOKING VERY BULLISH

Fundamentals first:
Quick take on draghi:
Very bullish speech imho, he is seeing alot of positives in the euro and europe.

If we take this with the important breakout seen on the chart.
I am now turning bullish on EUR but not playing it vs the USD because the USD is also strong.
Better to play it vs the YEN currently.

Blessings to you all.

Komentarz:

Still waiting
No entry below the bold golden line. Wait for it to break.

Zlecenie aktywne

Komentarz:

2 options
either take profits 30 pip or move stops to BE and look for stops above 122.00 to be taken out maybe overnight in asia session.
i am taking my profits and will look for a reentry tomorrow morning before london session.
good luck

Komentarz:

Dips are still a buy in this pair. But take care on NFP data it will shake things up.