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