• EURJPY reversed from resistance level 130.70
• Likely to reach support level 129.00
EURJPY currency pair recently reversed down from the resistance level 130.70 intersecting with the upper daily Bollinger Band.
The resistance area near the resistance level 130.70 was further strengthened by the resistance trendline of the daily up channel from last November.
Given the rising yen bullishness seen today – EURJPY is likely to fall further toward the next support level 129.00 (target price for the completion of the active corrective wave (ii)).
The monthly ADP labour market report showed that America created 192K new jobs in April, above…
Bears showed strength ahead of the FOMC decision. U.S. indices sagged on Tuesday as investors…
Market Picture Bitcoin's closing price on Tuesday became the lowest since late February, confirming the…
- Ebay under the bearish pressure - Likely to fall to support level 51.00 Ebay…
- GBPAUD reversed from key support level 1.9135 - Likely to rise to resistance level…
Silver has lost 2.6% since the start of the day on Tuesday to $26.4 per…
This website uses cookies