EURJPY - Breakout Trade LONG - 5 to 1 win vs Risk Target.

2020-03-06 22:10:42

Hello all - DuncanForex here with another trade idea

With a weekend retrace and weakening Yen (driven higher against USD)

EURJPY printed a major bullish engulfing candle at 11am this morning on the 1 hour chart.

After a retrace and some sideways movement, it has now broken higher and outside of the downward trend line.

I'm Long at 119.05

Find me on YouTube, Instagram, Twitter and my Website.

Thanks for looking at my idea

Safe Trading

Duncan