Hello everyone,
A good opportunity has been detected on the EUR/JPY pair.
After strong upward movement on the EUR/JPY stock, the price
found resistance on a strong resistance point, pulled back and
is currently correcting to the downside.
We are expecting the price to reach approximately the 121.10
price area, where we have a 50.0% Fibonacci retracement level,
the 100 Moving Average, the 200 Moving Average, as well as the
20 Moving Average of the Bollinger Bands.
A good opportunity has been detected on the EUR/JPY pair.
After strong upward movement on the EUR/JPY stock, the price
found resistance on a strong resistance point, pulled back and
is currently correcting to the downside.
We are expecting the price to reach approximately the 121.10
price area, where we have a 50.0% Fibonacci retracement level,
the 100 Moving Average, the 200 Moving Average, as well as the
20 Moving Average of the Bollinger Bands.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.