EURJPY potential trendline breakout retest! | 11th March 2022

Prices have recently broken out of our descending trendline and on bullish momentum. We see the potential for further bullish continuation from our buy entry in line with 38.2% Fibonacci retracement towards our Take Profit at 130.156 in line with 61.8% Fibonacci extension and 61.8% Fibonacci retracement . Prices have transcend above the ichimoku clouds , further supporting our bullish bias.

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