Main Quotes Calendar Forum
flag

FX.co ★ EUR/JPY remain bullish above major support

parent
Forex Analysis:::2017-01-06T10:04:55

EUR/JPY remain bullish above major support

Price is above major support at 122.15 (Fibonacci retracement, horizontal overlap support, bullish divergence) and we expect a rise above this level to at least 122.83 resistance (Fibonacci retracement, recent swing high resistance).

Stochastic (21,5,3) is bouncing above our support and displays bullish divergence vs price.

Buy above 122.15. Stop loss at 121.89. Take profit at 122.83.

EUR/JPY remain bullish above major support

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...