EUR/JPY
Hello everyone,
A good opportunity has been detected on the EUR/JPY pair.
After strong downward movement on the EUR/JPY, the price
is currently correcting to the upside.
We are expecting the price to reach approximately the 125.25
price level, where we have a 38.2% Fibonacci retracement level,
an inside resistance point, as well as the 50 Moving Average and
the 20 Moving Average of the Bollinger Bands.
A good opportunity has been detected on the EUR/JPY pair.
After strong downward movement on the EUR/JPY, the price
is currently correcting to the upside.
We are expecting the price to reach approximately the 125.25
price level, where we have a 38.2% Fibonacci retracement level,
an inside resistance point, as well as the 50 Moving Average and
the 20 Moving Average of the Bollinger Bands.
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.