• EURJPY broke support area
• Likely to fall to 123.00
EURJPY recently broke the support area located between the support level 124.50 (which stopped the previous waves iv, (iv) and (a)) and the 38.2% Fibonacci correction of the upward impulse from June.
The breakout of this support area continues the active short-term impulse wave (c) from the start of September.
EURJPY is likely to fall further toward the next support level 123.00 (target price calculated for the completion of the active sub-impulse wave i).
- GBPUSD reversed from strong support level 1.2665 - Likely to rise to resistance level…
- USDCAD broke resistance level 1.3950 - Likely to rise to resistance level 1.4050 USDCAD…
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
This website uses cookies