VarlikMimari

EUR / JPY Long-Term Analysis for end of 2021

OANDA:EURJPY   Euro / Japanese Yen
Hello Traders,

It seems we have to keep follows 6 different types of price in the 2021 year.

The first thing you should remember the chart is showing the last 6 years' cumulative average of the changes.

For the next 6 months,

1 - 126,031 is the first TP1 position.
2 - 123,074 is the second TP2 position.
3 - 120,912 is the third TP3 position.

So when we trying to understand what I saw the trends :

The critic prices are between 128,202 - 120,932.
The price should move between them until break one of them we can understand the great trend is has been beginning.
The great trend will be Uptrend if the price breaks 128,202 or Downtrend if the price breaks 120,932.

When the price is the break of the 128,202 we have three different levels for the take profit following months.

1 - 129,293
2 - 131,835
3 - 134,005

The price would be between 134,005 and 136,049 we have to be careful, the downtrend has been shown us up itself any seconds.

This chart prepared for the whole year that's why you should be careful to make any decision. I just want to make an investment for a year.

** It is not Financial Advise.



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