Euro / Japanese YenShort
EUR/JPY
Hello everyone,
A good opportunity has been detected on the EUR/JPY pair.
After strong upward movement on the EUR/JPY stock, the price
found resistance on a strong resistance point, pulled back and
is currently correcting to the downside.
We are expecting the price to reach approximately the 121.10
price area, where we have a 50.0% Fibonacci retracement level,
the 100 Moving Average, the 200 Moving Average, as well as the
20 Moving Average of the Bollinger Bands.
A good opportunity has been detected on the EUR/JPY pair.
After strong upward movement on the EUR/JPY stock, the price
found resistance on a strong resistance point, pulled back and
is currently correcting to the downside.
We are expecting the price to reach approximately the 121.10
price area, where we have a 50.0% Fibonacci retracement level,
the 100 Moving Average, the 200 Moving Average, as well as the
20 Moving Average of the Bollinger Bands.
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