- The Current Ratio indicator, which is used for quick market sentiment analysis, provides Buy signal at the moment.
- In this sideways movement, retail traders prefer to hold short trades. There seem to be a major player interest in an upward movement.
- Downward price movement is accompanied by reversal signals of Profit Ratio indicator.
- Price broke through the MVP line and rushed up. We consider this a sign for further EURJPY price increase.
- Set Take profit at the local price maximum.
Chart & Analyst Comments
![main-buy-market-trend-1](https://fxssi.com/images/forecasts/forecast-9dc5c930efc3a5294b9ea9614a3ba163.png)