". There is a possibility of temporary retracement to suggested support line (131.10). . if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURJPY is in an uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 76.
Take Profits:
TP1= @ 131.75 TP2= @ 131.95 TP3= @ 132. 40
SL= Break below S2
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