Hello Traders! The EUR/JPY Currency Pair Closed at Historical Strong Support Level (since approx. 2013). [Monthly Chart]
The Weekly Chart shows a Down trend Channel (Pink Color). I predict that the price won't hit the supply trend line (Historical Strong Support level)
The Daily Chart shows a Down trend Channel (Green Color) inside the Parent Down Trend (Weekly Chart Pink Color). I predict that the price will breakout this trend.
The 30 Minutes Chart shows a Up trend Channel in the historical support area (White Color).
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.