– EURJPY broke resistance area
– Likely to rise to resistance level 164.90
EURJPY currency pair just broke the resistance area located between the resistance level 162.50 and the 61.8% Fibonacci correction of the earlier sharp downward impulse (c) from the end of July.
The breakout of this resistance area is aligned with the clear multi-month uptrend visible on the weekly EURJPY charts.
Given the strengthening of the bearish yen sentiment, EURJPY currency pair can be expected to rise further toward the next resistance level 164.90 (former low of wave (a) from the end of July).
Solana: ⬇️ Sell - Solana reversed from resistance zone - Likely to fall to support…
EURAUD : ⬇️ Sell - EURAUD broke the support level 1.7600 - Likely to fall…
In 2026, experts favour the yen, see modest euro growth, and expect pressure on the…
Crypto rebounds continue; Bitcoin faces resistance, with a mixed market outlook ahead, as regulatory changes…
Coca-Cola: ⬇️ Sell - Coca-Cola reversed from long-term resistance level 73.25 - Likely to fall to…
DraftKings: ⬆️ Buy - DraftKings reversed from support zone - Likely to rise to resistance level…
This website uses cookies