EURJPY – Just broke resistance

The EURJPY just broke a ST and a LT resistance level triggering a bullish market condition. As long as it trades above 111.59 I’ll be looking for long opportunities:

The next LT resistance level in the EURJPY is at 114.71, we have around 300 pips before the market reaches that level, which could give us a good risk-reward ration on our trade.

Trade Safe!

Raul Lopez
Forex Training

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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 .