Buy above 113.00. Stop loss 112.20. Take profit 114.75.
Reason for the trading strategy :
Price is holding really well above our channel support, we expect it to take off soon.
We can see price crossing above the thin descending green line signalling a bullish recovery is approaching.
Stochastics (21,5,3) is also turning up from 8% level signalling a bullish move. It also displays bullish divergence vs price.
Reason for the trading strategy :
Price is holding really well above our channel support, we expect it to take off soon.
We can see price crossing above the thin descending green line signalling a bullish recovery is approaching.
Stochastics (21,5,3) is also turning up from 8% level signalling a bullish move. It also displays bullish divergence vs price.
Exness - EURJPY continues to hold really well above our channel support
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