Yesterday, the strong resistance on the EUR/JPY has been already breached by this pair, for today seems the 132.00 level will be tested by this currency pair because we have got confirmation by all the three Moving Averages already form a "Golden Cross" formation pattern. This pattern will be the indication for the EUR/JPY which have a strong and healthy uptrend situation already.
RECOMMENDATION:
BUY Stop (Pending Order) at 132.26.
Take Profit at 132.40.
Stop Loss at 132.16.
Best regards,
Arief Makmur
Official Analyst of InstaForex Group
InstaForex Group
https://instaforex.com
Email : [email protected]
Yahoo Messenger & Skype : Arief.ifx_jakarta
blog.mt5.com/arief
https://www.mt5.com/forex_analysis_aw...le/index/arief
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The material has been provided by InstaForex Company - www.instaforex.com
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