Low volatility but keeping an eye on EURJPY long
Markets have been quiet as expected during this holiday period, but EURJPY has been consolidating since early Dec.
The preceding trend was bullish and in my opinion, the most likely direction the market will break out will be to the up side.
I am willing to take a long at the bottom of this corrective structure or upon a break out and retest at the top.
If you like my analysis, please give it a "thumbs up" and follow me to get immediate notifications.
As always, please use sound money and risk management in all your trades.
The preceding trend was bullish and in my opinion, the most likely direction the market will break out will be to the up side.
I am willing to take a long at the bottom of this corrective structure or upon a break out and retest at the top.
If you like my analysis, please give it a "thumbs up" and follow me to get immediate notifications.
As always, please use sound money and risk management in all your trades.
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