EUR/JPY (A nice Bullish potential set up)
View On EUR/JPY (23 June 2019)
Back Ground: We have a double bottom pattern with 121.4 as good support region.
Things to See: It is likely to go HIGHer.
Target(s): UP 123 (TP1), 125.15 (TP2)
SHTF: $120 is the last support.
DYODD, all the best and read the disclaimer too.
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Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Back Ground: We have a double bottom pattern with 121.4 as good support region.
Things to See: It is likely to go HIGHer.
Target(s): UP 123 (TP1), 125.15 (TP2)
SHTF: $120 is the last support.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Comment:
Updated Info on EUR/JPY (1 July 2019)
Our TP1 level is hit with Monday Gap up.
Cheers.
Our TP1 level is hit with Monday Gap up.
Cheers.
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The market is taking a break/a short pause as they wait for additional news and more info from G20 events.
Currently, 122.7 to 123 is acting a decent resistant region for now.
But in the short term view, as long a the price is above 121.5-121.7 region, it shall rise back up sooner or later to our expected TP levels again.