• GBPJPY reversed from resistance level 172.40
• Likely to rise to resistance level 170.00
GBPJPY recently reversed down from the long-term resistance level 172.40 (which has been reversing the price from last October).
The downward reversal from the resistance level 172.40 stopped the previous sharp upward impulse wave 3, which belongs to wave (3) from January.
Given the overbought daily Stochastic, GBPJPY can be expected to fall further toward the next support level 170.00.
- 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