Last night, the EUR/JPY pair got push to the upside, and the EUR/JPY pair for now still is in an uptrend situation. This can be confirmed with all the three moving average, which still give a "golden Cross" formation pattern and the EUR/JPY pair’s retracement penetrated not more than the EMA 34 (Blue). This is the sign of the healthy trend at this currency.
RECOMMENDATION:
BUY Stop (Pending Order) is at 131.01.
Take Profit is at 131.15.
Stop Loss is at 130.91.
Best regards,
Official Analyst of InstaForex Companies Group
InstaForex Companies Group
https://instaforex.com
Email: Arief.jakarta@indo.instaforex.com
Yahoo Messenger and Skype: Arief.ifx_jakarta
blog.mt5.com/arief
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