EURJPY: Pretty wide range

First of all I apologize for not being able to post my analysis earlier today, but I caught a cold over the weekend. I’m fine now though, there is no cold that can put up with a nice resting morning.

Back to the analysis now, looks like the EURJPY is trading in a very well defined range, I had to move the LT support level from 124.81 to 123.78 to reflect how the market is behaving lately:

EURJPY
EURJPY

So as long as the EURJPY keeps trading above 124.46 I will be looking for long opportunities.

Trade Safe!

Raul Lopez
http://www.protradingnow.com/


Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .