UBS targets EUR/JPY longs on bullish setup

The technical analysis team at UBS says to buy EUR/JPY on a close above 135.10 (spot is at 134.70).

They note bullish stochastics and MACD signals. They target 139.30 with a stop at 133.80.

UBS EURUSD call

EURUSD with MACD and slow stochastics

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