📊 Technical Analysis
● Price is climbing within a rising channel after confirming a breakout retest at 172.10, turning former resistance into support.
● Structure favors continuation toward 172.90 and channel top at 173.90, with minor pullbacks likely staying above the breakout base.
💡 Fundamental Analysis
● Improved eurozone PMI data and firm ECB stance reinforce euro strength, while BoJ’s unchanged ultra-loose policy keeps the yen under pressure.
✨ Summary
Long above 172.10; targets 172.90 → 173.90. Invalidation below 172.00.
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● Price is climbing within a rising channel after confirming a breakout retest at 172.10, turning former resistance into support.
● Structure favors continuation toward 172.90 and channel top at 173.90, with minor pullbacks likely staying above the breakout base.
💡 Fundamental Analysis
● Improved eurozone PMI data and firm ECB stance reinforce euro strength, while BoJ’s unchanged ultra-loose policy keeps the yen under pressure.
✨ Summary
Long above 172.10; targets 172.90 → 173.90. Invalidation below 172.00.
-------------------
Share your opinion in the comments, and support the idea with a like. Thanks for your support!
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
Related publications
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.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
Related publications
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.