Long EURJPY @ 122.11

1.13 gmt

The EJ is showing a bullish bias and with the UJ strongly bullish + EU at strong support likely to bounce from here, I reckon it is a good bet to go long EURJPY here. If it makes some gains before the ECB press conference, I might take profits and exit at that time.

Long $110/pip EURJPY at 122.11, SL at 121.80.

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