The EUR/JPY pair is still in the uptrend situation but the retrace has already happened. Otherwise it did not touch the EMA 100 (green); from this situation we can get a signal that uptrend situation will be slower. As long as it has not breached bellow the EMA 100 (green), the uptrend situation still continues.
RECOMMENDATION:
BUY Stop (Pending Order) is at 131.51.
Take Profit is at 131.65.
Stop Loss is at 131.41.
Best regards,
Official Analyst of InstaForex Companies Group
InstaForex Companies Group
https://instaforex.com
Email: Arief.jakarta@indo.instaforex.com
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