EURJPY nearing channel support

EURJPY nearing channel support  next trade we are looking to long in euro/yen .Its seem euro had broken support on daily but eur jpy has holded t

EURUSD today’s outlook and further possibility
Strategy in EURUSD 7Feb2017-SHORT
EURUSD: Breaking its fresh highs above 1.2100

EURJPY nearing channel support  next trade we are looking to long in euro/yen .Its seem euro had broken support on daily but eur jpy has holded two cable point 119.35 targeting next 100 pips near 120.35 .

Why gone long on this pair 
 1)He thinks euro have more investor upto news there is overall downtrend in euro as compare to stronger USD .

2) Technically according to cable the down cable and up cable crossing at 119.35 according to his charts 
3)RSI has positive diversion but still bearish zone persist .
4) chart have been posted for further details

and there is no other reason he stated .

looking at 4 hr chart you could be able to mark the lines and you would also figure to long from there with  mere 10 pips stop loss i.e 119.30 i.e risk 10 pips and reward 100 pips very awesome trade.




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