Buy on a level breakthrough of 137.80 with 140.51 target. Stop loss = 137.00.
Reason for the trading strategy
Against the background of the yen weakening against the US dollar, growth of the euro against the US is pushing the EUR/JPY pair to the 137.8 level. From a technical point of view, this level's breakthrough will signal the opening of long positions.
EURJPY, Daily
