Significant break of structure (trend). The EURO has come to a great level of resistance with multiple touches. Expecting price to retrace before any continuation. Targets at 140.474 stops above the previous high at 144.7 Use proper money management.
EUR/JPY spikes over 1.25%, trades shy of 139 handle The pair has tested 7-year high just shy of 139 handle, hit levels unseen since Aug 2015. EUR/JPY is extending break above 200-month MA, poised for further gains technicals support further upside.
A cup & handle formed on the daily as I predicted yesterday. We can set the target at ~195 sats using Fibonacci retracement. This is slightly below the Fibonacci level. It might be smart to sell here, wait for a sell off and buy it back a tad cheaper. Cup and handle is a bullish pattern that indicates an upward movement after completion. In the current...