nikitafx
Short

EUR/JPY long term perspective (Nikita FX )

FX:EURJPY   Euro Fx/Japanese Yen
475 0 0
EUR/JPY             is now under the long-term resistance line & Wolfe line 2. Both are resistance.
On the other hand, mid term trend line & Wolfe Line 1 are still good support lines and
cross into 133.72 on July 28w.
However EUR/JPY             is now very critical because it will breakdown through ex-wedge
upper line (Phase into a bullish from a strongly bullish ....)
Therefore this type of correction needs more time to come back to a normal bullish Phase.
If it will reach at 133.72 area, it will move up strongly again.

Nikita FX (http://climbingfx.jugem.jp/ )
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out