EUR/JPY Bulls are Advancing

2 min read
tarantula fx

tarantula fx

Head of Trading

Dear traders,

The EUR/JPY is making a breakout above the left shoulder which indicates a failed pattern.

It’s the bank holiday but the markets are moving within a trend. At this point we can see a breakout in the EUR/JPY as the price is bullish. The 130.75 zone is bullish zone and the advancement should lead the price to M H3 camarilla target 131.95. We could expect a slower day but it will eventually roll off to the long side towards the target.

The Analysis has been done with the Black Widow system.

Good trading,
Nenad Kerkez

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