EURJPY rebounded from demand zone at level 119.75
Price is based on HVN which indicates that price is in accumulation phase
MACD shows positive momentum
RSI is in uptrend
It's expected to retest broken uptrendline near 61.8% Fibonacci level of preceding bearish wave at 121.68
Price is based on HVN which indicates that price is in accumulation phase
MACD shows positive momentum
RSI is in uptrend
It's expected to retest broken uptrendline near 61.8% Fibonacci level of preceding bearish wave at 121.68
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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.
Disclaimer
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.