Last week’s bullish weekly close and a look at the H4 seems to lay the way for me to a test of 128.00 and in the bigger picture 130.00 – 132.00.
To me it’s a very clear buy on dips with a stop below 123.50; USDJPY is clearly bid and the EURUSD seems lacking in downward follow-through (and what can’t go down will go up).
Weekly EURJPY
EURJPY H4 11 Mar
