EURJPY: Time to Buy 🇪🇺🇯🇵

Long

Euro / Japanese Yen (OANDA:EURJPY)

Updated

OANDA:EURJPY Euro / Japanese Yen

Parallel Channel Rectangle Candlestick Analysis EURJPY euro japaneseyen priceaction priceactionanalysis priceactiontrading forexsignals forextrading Contains image

parallelchannel rectangle candlestick eurjpy euro japaneseyen priceaction priceactionanalysis priceactiontrading forexsignals forextrading containsimage

snapshot

EURJPY broke a solid horizontal resistance.
Retesting the broken structure, the price formed a tiny horizontal range on a 4h time frame.

Its resistance breakout is an important sign of strength of the buyers.
A bullish movement is expected to 159.4 / 159.7 levels now.

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Trade closed: target reached

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