EUR/JPY: long posiiton

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Euro/Yen Japanese could to lead in this upside shortly movement to $140.14 JPY before to continue drop. MACD get a bought signal, as price action too analyzing this market structure.

Also, we forming an ABCD pattern, forming a possible bullish signal.

I put a buy order limit to $138.90 JPY, Stop Loss to $138.35 JPY (51 pips) and target to $140.14 JPY (130 pips)

Good luck in this long position.