ForexTrendline

Will the EURJPY breakout?

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FX_IDC:EURJPY   ユーロ/円
EURJPY is currently in an uptrend on pretty much all timeframes.
It has been trading sideways for 2 weeks now without a succesful breakout.
In order to continue, we should see a break above 130,65.

This will give us an entry opportunity on the retest of this level. Our target after a breakout will be 131,69!

We expect to see some progress on this situation throughout this week.
Wish you all a succesful trading!

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