Trading Idea EURJPY

Analysis Style : Trend Following Fibonacci
TF : Daily
Fundamental bias
Bullish Euro
Euro Area Trade Surplus Widens in September
Euro Area Industrial Production Rises Faster than Expected
Eurozone GDP Growth Confirmed at 0.6%
Eurozone GDP Growth Eases to 0.6% in Q3
Euro Area Inflation Rate Lower than Expected
Euro Area Jobless Rate Drops to 8.9% in September
ECB to Cut Bond-Buying to €30 Billion from January 2018
Mix JPY
Japan GDP Growth Slows to 0.3% in Q3
BoJ Holds Monetary Policy Steady; Trims Inflation Outlook
Japan Jobless Rate Steady at 2.8% for 4th Month
Japan Inflation Rate Steady at 0.7% in September
Japan Trade Surplus Widens 37.7% in September
Japan Jobless Rate Steady at 2.8% for 3rd Month
Japan Inflation Rate at 29-Month High of 0.7% in August
BoJ Leaves Monetary Policy Unchanged
Short term technical
Waiting for corrective price action.
Note:
EURJPY has been bullish since Jun 2016.
Will be looking to GO LONG at least when the price retracing to 129.50 area.
Thanks.
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