UnknownUnicorn8923

Broken trend line, possible reversal?

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UnknownUnicorn8923 已更新   
FX:EURJPY   歐元 / 日圓
The main trend was down for EUR/JPY however the trend line was broken in dec. '16. It has tested the 0.5 fib retracement level in te past days, it's likely that it will continue higher form here.

First target is around the 1.272 fib. extension
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The EUR/JPY is on its way towards the 0.382 fib level. Let's see from that point, if it will bounce and continue higher or not.
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