EURJPY: The Next Trend Following Move

Hey traders,

EURJPY is trading in a long-term bullish trend.
The last structure high was set 17th of March.

After that, the price is trading in a consolidation.
From 31th of March, the price started to coil within a narrow horizontal trading range.

To catch the next trend-following move, wait for its bullish breakout.

Next goal will be 131.5

In case of a bearish breakout of a blue major channel, chances will be high to see a reversal.

❤️Please, support this idea with a like and comment!❤️

⬇️Subscribe to my social networks!⬇️

Comentarios:

Check my new analysis on GBPNZD: