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EURJPY on strong support, time to play a corrective bounce

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Euro / Iene Japonês (FX:EURJPY)  
MEX_Exchange Atualizado   
FX:EURJPY   Euro / Iene Japonês
Trend Analysis Harmonic Patterns Chart Patterns EURJPY EUR jpy eurjpyshort eurjpylong eurjpysignal eurjpytrade Forex forexsignals
50
16
trendanalysis harmonicpatterns chartpattern eurjpy eur jpy eurjpyshort eurjpylong eurjpysignal eurjpytrade forex forexsignals
Buy above 131.43. Stop loss at 131.02. Take profit at 132.20.
Reason for the trading strategy (technically):
Price is testing strong support at 131.43 (Horizontal swing low support, bullish price action) and we expect to see a corrective bounce pushing price up to at least 132.20 resistance (Fibonacci retracement).
Stochastic (34,5,3) is seeing strong support above 6.6% where we expect a corresponding bounce from.
Trade fechado: objetivo atingido:
Back with a bang!
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