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EURJPY: Classic Trend Following Setup đŸ‡ȘđŸ‡șđŸ‡ŻđŸ‡”

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Euro/Japanska yen (OANDA:EURJPY)  
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OANDA:EURJPY   Euro/Japanska yen
Multiple Time Frame Analysis Support and Resistance Parallel Channel EURJPY signals eurjpysignals eurjpytrading Forex forexsignals tradingsignals Contains image
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mtfa supportandresistance parallelchannel eurjpy signals eurjpysignals eurjpytrading forex forexsignals tradingsignals containsimage
snapshot

EURJPY is trading in a bullish trend.

After the price set a new higher high on a daily,
it retraced to a key daily horizontal support.

Test of structure made the pair start consolidating.
The market started to coil within a narrow horizontal trading range.

The resistance of the range was broken today.
It is the important sigh of strength of the buyers.

We can anticipate growth at least to 160.85 level.

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