EURJPY 01 03 2021
EURJPY 01 03 2021
From April 2020, the price eventually came to the resistance line 130.23, which appeared on the chart in October 2019. Having touched this line, the price reversed and is now in the process of falling. I expect it to go down to the 127.86 support zone first.
This zone is formed by two lines - May 2020 and August 2019. Therefore, I expect that, having touched it, the price will rebound in growth. Thus, my final target is the resistance line 130.69.
Lets see how it goes
From April 2020, the price eventually came to the resistance line 130.23, which appeared on the chart in October 2019. Having touched this line, the price reversed and is now in the process of falling. I expect it to go down to the 127.86 support zone first.
This zone is formed by two lines - May 2020 and August 2019. Therefore, I expect that, having touched it, the price will rebound in growth. Thus, my final target is the resistance line 130.69.
Lets see how it goes
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