I've been watching EURJPY as its approached a significant trend line and this line has now broken and with the aid of several 200 sma on maller time frames supporting - this looks a reasonable BUY trade.
My in-house indicator is also flagging this as a moderate BUY.
I have a STOP at 166.66 and a TAKE PROFIT at 118.26.
EUR is mildly BULLISH across the board so I'm hoping I can get this trade to BREAK EVEN to lock in a free trade.
More on my website.