Euro / Japanese YenUpdated EURJPY, MULTIPLE TIME FRAME ANALYSIS!
Monthly:
Price is retesting a previous resistance that now it is acting as support and it is also aligning with
the 38.2% of the monthly fib.
Weekly:
Price has a overall bullish structure and it is sitting at a strong zone of support and it could reject
the 61.8% of the weekly fib after the completion of the bearish W.
Daily:
After this over extended move to the downside we could probably see a bullish wave to the broken
structure from the support zone.
4H:
We will be monitoring price from a 4h perspective as now price is to bearish so we should wait for
price to change frome bearish to bullish.
Price is retesting a previous resistance that now it is acting as support and it is also aligning with
the 38.2% of the monthly fib.
Weekly:
Price has a overall bullish structure and it is sitting at a strong zone of support and it could reject
the 61.8% of the weekly fib after the completion of the bearish W.
Daily:
After this over extended move to the downside we could probably see a bullish wave to the broken
structure from the support zone.
4H:
We will be monitoring price from a 4h perspective as now price is to bearish so we should wait for
price to change frome bearish to bullish.
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Monthly: Weekly:
Daily:
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.