- According to the most brokers’ data, more than half of the traders are currently in short positions on EURJPY. As a result, we recommend considering only Long trades at this time.
- The decrease in the buyers volume, together with the increase in the sellers volume, confirms the need to Buy, according to our trading idea.
- MVP line is below the price and acts as a support level.
- The price increase will be accompanied by the trigger of market crowd’s stop losses, which in turn will serve as a "fuel" for the upward movement.
Chart & Analyst Comments
![main-buy-market-trend-1](https://fxssi.com/images/forecasts/forecast-5d59f6fe1453e07424fe69a6570e5152.jpg)