EUR/JPY Bulls Are Advancing

The EUR/JPY is making a breakout above the left shoulder which indicates a failed pattern.

The EUR/JPY is making a breakout above the left shoulder which indicates a failed pattern.

It’s the bank holiday but the markets are moving within a trend. At this point we can see a breakout in the EUR/JPY as the price is bullish. The 130.75 zone is bullish zone and the advancement should lead the price to M H3 camarilla target 131.95. We could expect a slower day but it will eventually roll off to the long side towards the target.

(Click on image to enlarge)

Comments