ForexTrendline

The uptrend on EURJPY continues

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FX_IDC:EURJPY   Euro / Iene Japonês
Like we've said before, we have an uptrend on all timeframes here on this pair.
Today we will have more buying opportunities.

We suggest that we see a breakout of current resistance at the 134,00 zone.
This will send price up to 134,28 and 134,72. Use the higher target level, but make sure to look out for price reaction around the 134,28 level.

Entries before a breakout of the resistance at 134,00 are not preferable, as they're not confirmed and fairly risky!

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