EUR/JPY just tested a strong support at the level of the lower trend line , also we are breaking a monthly resistance at the moment and if 4H candle closes above this level we will be seeing a huge bullish move to protect that new level of Support. EUR was in a consolidation period and I believe it's time to see some strong moves. From a COT perspective there is more long position added on EUR since last week.
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Trade safe !!!
If you enjoyed this analysis like and share. If you have a different opinion please leave a comment below as I would love to have some new insights.
Trade safe !!!
