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Euro / Japanese Yen
Long

EURJPY → Interim support now comes at 158.60

77
EURJPY accelerates its losses and puts the 159.00 support to the test at the beginning of the week.

The continuation of the downward bias appears on the cards for the time being. Against that, the 100-day SMA at 158.62 is expected to offer temporary contention prior to the October low of 154.34 (October 3).

So far, the longer term positive outlook for the cross appears favoured while above the 200-day SMA at 153.71.
tradingconmike
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Chart PatternsEURJPYeurjpyanalysiseurjpylongeurjpysignaleurjpytradeTrend Analysis

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Chart PatternsEURJPYeurjpyanalysiseurjpylongeurjpysignaleurjpytradeTrend Analysis
tradingconmike
🟢Free Signals:
t.me/forextradingfusion

🔴Contact:
t.me/tradingconmike1
Also on:

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.