Expectation for the future
The EURJPY in support test at the 131,300 level is in a devaluation movement of EURO against the YEN, which makes it interesting to wait for a correction between the fibo levels, preferably between 38% / 50% region of greater reliability towards the sale of the pair.
In a long-term view defined pair correction, we can visualize future points of low confluence between the levels:
134,300
131,300
128,000
Observing that the idea does not necessarily correspond to this order but rather an idea for a low movement that can be confirmed in my humble opinion with the correction of the movement soon the break of the 131,300 level.
In a long-term view defined pair correction, we can visualize future points of low confluence between the levels:
134,300
131,300
128,000
Observing that the idea does not necessarily correspond to this order but rather an idea for a low movement that can be confirmed in my humble opinion with the correction of the movement soon the break of the 131,300 level.
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