Retail trader data shows 50.32% of traders are net-long with the ratio of traders long to short at 1.01 to 1. In fact, traders have remained net-long since Mar 10 when EUR/JPY traded near 129.31, price has moved 1.52% higher since then. The number of traders net-long is 15.02% higher than yesterday and 9.51% lower from last week, while the number of traders net-short is 20.51% lower than yesterday and 32.61% lower from last week.
I also suggest a long position in EURJPY for the longer target of 131.80
I also suggest a long position in EURJPY for the longer target of 131.80