EUR/JPY
A bullish signal ("buy" signal) has already been generated on this cross. Price rallied massively yesterday, rising from the demand zone at 129.50, and ramming into the supply zone at 131.50. This is a movement of over 200 pips. Further northwards movement is anticipated this week, and the supply zones at 132.00 and 132.50 would soon be reached.
A Bullish Confirmation Pattern has been generated in the market, and that would become more and more significant as price moves higher and higher. Pullbacks along the way could be shallow because bulls are in control right now.
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