EUR/JPY Trading Analysis (08/01/2025)
The trend is up. The pair is trading between 365 and 135 EMAs on the M30. The bearish wave structures are truncated. There is a bullish divergence on the Awesome oscillator. Pivot 2 of the main bearish structure is broken.
Trade idea:
- Buy on the breach of 163.543.
- Stop-loss at 163.200.
- Price targets at 163.800 and 164.500.
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