RLinda

RLinda ! EURJPY-> pre-breakout consolidation. What's next?

FX:EURJPY   유로 / 일본 엔
The dollar strengthened broadly on Friday, affecting the EURJPY as well. The euro/jpy currency pair is renewing local highs and is aiming for the 149,000 zone.
New threats of intervention from the Central Bank of Japan forced investors to be on high alert.
On the global chart we see a global distributive movement after the exit from the 136.9 - 113.3 consolidation. At the moment the currency pair aims to reach the 149,000 zone

On the local timeframe, we see the formation of a resistance zone 147.250. After a prolonged pre-breakdown consolidation, the price is testing the breakdown resistance again. The local trend is ascending and below the local support there is a support zone, which may not allow the price to fall.
I expect a breakdown of 147.250 zone and price growth in the near term
  • The short-term target - resistance of 148.5
  • Medium-term target - 149.500 level of 2014

Regards R. Linda!

🌹TRADING is a CASINO💔!?

NO‼️

You❗️CAN and ❗️SHOULD make money in trading!

Join me, I'll guide you to PROFITABLE TRADING💵!

🟢Free Telegram Channel:
t.me/RLindaTrade

🔴Contact:
t.me/RLindaSignals

🧿Web: rlinda.com
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.