Both MACD and Parabolic have signal BUY for EURJPY.
Medium term support at 116.00 is holding pretty well.
Please note that this is a risky trade as we are going against the trend.
Bought EURJPY at 116.47
Stop level at 115.20
Target level at 117.70
Risk Disclosure: Forex trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to participate in the futures trading markets. Don't trade with money you can't afford to lose. The past performance of any trading system or methodology is not necessarily indicative of future results.
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