Buy EURJPY @ 123.50. Take profit targets @ 124.00 and 124.20
Stop loss @ a close below 123.00
On the 4 hours chart, the EURJPY reached the support level formed by the moving average and it’s showing strength as the RSI is turning around towards the 70 zone. Moreover, the pair’s Histogram is crossing from the negative zone to the positive one as the signal line is following it.