EurJpy= Best place to buy for 1:5 R:R
After the June high of around 1.34, EurJpy corrected and found strong support in 1.28 zone.
October is a recovery month for this pair with the price rising back above 1.3 important figure
Now the pair is in a minor correction of the recent leg up and I expect continuation to the upside
1.31 can be a good place to buy and long term traders can target 1.5 zone
Recent 1.34 high can also be a good place for TP for shorter-term traders
This scenario is negated if the price is closing under 1.2750
October is a recovery month for this pair with the price rising back above 1.3 important figure
Now the pair is in a minor correction of the recent leg up and I expect continuation to the upside
1.31 can be a good place to buy and long term traders can target 1.5 zone
Recent 1.34 high can also be a good place for TP for shorter-term traders
This scenario is negated if the price is closing under 1.2750
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