EUR/JPY Long
I think the bias has moved from Bearish to Bullish on this pair,
We have a Bullish engulfing on the weekly candle stick followed by a reverse hammer/dragonfly doji,
on the daily time frame we have a trend line break and price rejected support from around the 118.00 key weekly level.
On the 4 hour we have a retracement to the 32.8% Fib then price has shot up, so think it will continue on up past D1/D2.
We have a Bullish engulfing on the weekly candle stick followed by a reverse hammer/dragonfly doji,
on the daily time frame we have a trend line break and price rejected support from around the 118.00 key weekly level.
On the 4 hour we have a retracement to the 32.8% Fib then price has shot up, so think it will continue on up past D1/D2.
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