EURJPY is currently in an uptrend, and that's what we see on every timeframe above the H1.
That's why we will wait for an end of the consolidation period and therefore expect another upside move.
It looks like this will happen soon.
A close above the 133,05 level will be the first sign.
Once it happens we can get involved in the next move which should continue to 133,59
and in case we see a strong impulse in price action then we could expect a continuation up to 134,28
That's why we will wait for an end of the consolidation period and therefore expect another upside move.
It looks like this will happen soon.
A close above the 133,05 level will be the first sign.
Once it happens we can get involved in the next move which should continue to 133,59
and in case we see a strong impulse in price action then we could expect a continuation up to 134,28
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