Monday, February 15, 2016

Possible buy entry on the EURJPY 5 minute

On the 5 minute chart of the Euro versus the Yen we can see that the pair has broken above the 128.00 level and it has returned to that zone. It is possible for the 128.00 to become support and the price may bounce again to the upside. Therefore, we should be attentive to a possible bullish bounce. Its next resistance could be the 129.00 level.


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