EURJPY Long

Optimally, buy at 98.00 flat, hoping it dips to that level again. If impatient, try to buy under 98.20. Stop Loss 97.67, Take Profit 98.98. Long Term (couple months) expect a return to over 100.00 (not very confident about long term predictions).

Optimally, Risk 33 pips, rewards 100 pips. R/R = 3:1