EURJPY – Will it break the short term range?

Written by Raul Lopez on . Posted in Trades & Analysis.

Since last Tuesday that the EURJPY traded in a short term range around a LT support level:

EURJPY
EURJPY

However, looks like the EURJPY wants to reach higher levels, its about to break the short term resistance level around 109.03 (if this happens it will trigger a bullish market condition).

As long as the EURJPY continues to trade above 109.03 I will be looking for short opportunities.

Trade Safe!

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

EURJPY Analysis

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 .
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