💱 Is it time for the Euro? 💱 InvestMate

By InvestMate
Updated
💱 Is it time for the Euro?

💱 For some time now I have been watching the Eur/jpy pair which is, in my opinion, beginning its journey towards breaking out and landing finally at the 150 levels.

💱 Looking at the key indicators. We see bullish signals everywhere. Given today's upward candle and the formation of increasingly higher lows, it is hard not to hold a bullish attitude.

💱 Target was set on the basis of 2 fibo measurements, the last biggest corrections and the target level is the cluster 1.618, which ideally touches on the round level of 150

💱 The stop was set below today's upward candle.

💱 As a result, the Risk/Reward ratio is 3 times for profit, which in my opinion is a very good result.

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Comment
Beautiful bump! worth watching.
Trade active
Euro pays well 🚀
Comment
EURJPY struggles to target
1dChart PatternsEURJPYeuroFibonacci ExtensionForexTechnical IndicatorsjapaneseyenLONGTechnical AnalysisTrend Analysis
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