• EURJPY reversed from support level 133.30
• Likely to rise to resistance level 136.75
EURJPY currency pair recently reversed up from the key support level 133.30 (which stopped wave 2 in May) – standing far outside of the lower daily Bollinger Band.
The upward reversal from the support level 133.30 created the daily candlesticks pattern Hammer – which started the active intermediate impulse wave (3).
EURJPY currency pair can be expected to rise toward the next resistance level 136.75 (low of wave A of the previous ABC correction (2)).
- USDJPY broke key resistance level 155.00 - Likely to rise to resistance level 160.00…
- Ebay reversed from support level 49.35 - Likely to rise to resistance level 52.55…
Even though the Bank of Japan left the key rate and parameters of the QE…
Market picture Market Dynamics: The cryptocurrency market stabilised, losing just 0.1% of capitalisation and dropping to…
- GBPCAD reversed from key support level 1.6910 - Likely to rise to resistance level…
- GBPAUD reversed from support level 1.9135 - Likely to rise to resistance level 1.9360…
This website uses cookies