EUR/JPY Trading Analysis (28/01/2025)
The trend is up. The pair is trading between 365 and 135 EMAs on the H1 and M30 timeframes. The bearish truncated five-wave structure has completed. There is a bullish divergence on the Awesome oscillator.
Trade idea:
- Buy on the breach of 162.660.
- Stop-loss at 161.540.
- Price targets at 164.000 and 164.540.
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