- Majority of traders are still holding onto Shorts. This means we should continue to Buy EURJPY.
- The activity of "fresh" bears while the upward movement may indicate that the market crowd still does not believe in a Bullish trend.
- MVP line is below the price and acts as a support level.
- We are focused on the breakdown of the previous peak, the target at the level of 126.
Chart & Analyst Comments
![main-buy-market-trend-1](https://fxssi.com/images/forecasts/forecast-20664f30300ca13d95f852874cb7eefa.jpg)