Commentary of the EUR/JPY pair :
The pair EUR/JPY is currently testing the support at 110.
Indicators are mitigated.
The pair is still moving above its medium term bullish slant (purple line).
We continue to advise long positions as far as 109.23 is support.
The breakout of 111 and 112 will both give a new buy signal.
In case of return below 109.23, we will wait the breakout of 108.50 to advise short positions.
The pair EUR/JPY is currently testing the support at 110.
Indicators are mitigated.
The pair is still moving above its medium term bullish slant (purple line).
We continue to advise long positions as far as 109.23 is support.
The breakout of 111 and 112 will both give a new buy signal.
In case of return below 109.23, we will wait the breakout of 108.50 to advise short positions.
- Bruno -
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