• 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).
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies