歐元 / 日圓
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Long on EURJPY

71
I wanted to place a buy near the trendline but i I now see this pair going up for several reasons as listed below:

1) This pair has been rallying up and as long as it is above the monthly support of 128.130 I will continue to go long

2) There has been this type of consolidation since the 10th of July but I believe it will continue to move up as it has been making higher lows

3) It bounced of a critical fibonacci zone 61.8% where there was much resistance possibly turned support now.

If it breaks the trend line I will look for short opportunities

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