alexforex007 posted:
The EURJPY continues heading higher and it may reach the 139.00 level. The price may encounter some resistance there, but as we said above, a breakout of the 139.00 level may signal a change in trend and the price may be able to reach the 140.00 level.


If we do break up toward 140 I am looking to sell into about 139.80. I have enjoyed the move down from 143 taking profits around 138.50 and from a bit higher I am looking to sell into the 140 area.