EURJPY, Bulls eye on 136.68 as they closed above 134.40

2017년 12월 21일

Here we are on Euro/Yen daily chart and as we can see this market has been played in range for almost 31 days and on last NY session close (20th dec 2017) bulls had managed to closed it above this range boundary / key resistance which is nearly at 134.40. As we can see on weekly chart https://www.tradingview.com/x/RH8yzDXF/ as well that the next area 136.68 is very obvious key level where bulls may take price to as new targets. We will be waiting with patience to see how this market reacts in coming weeks and we will be interested in any weakness on this resistance boundary to print bullish price action signals for us to get in longs.