13.01.2021
The overall trend is upward. The currency pair is trading in the range of 365 and 135 moving averages directed upwards. The descending pattern is truncated. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold condition.
EURJPY rate online: monitor the price movement in real time.
Trading idea:
Buy when an ascending wave pattern is formed.
Stop loss at the local minimum: 126.43.
Target levels: 127.20 (round secondary level); 128.80.
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