On the EURJPY daily chart we can see that the pair broke important 200 SMA (blue line) resistance 118.550 level and it is retesting it. We could see extended upside if this level holds, and the next target is 122-123 zone.
Happy trading! (click on the chart to enlarge it)
Through time we have developed a very respectable trading strategy which defines Entry, Stop Loss and Take Profit levels with high accuracy and allows you to make position Risk Free. If you want to learn all about it and become a professional Trader, sign up now and become a member hereHow our trade alerts work
We have also prepared Cyber Monday special offer 30% off on Three months Premium membership plan!