SubscribeThe pair went back into the thick of the level of support and today's low 98.78, the price continues to fall, the main medium-term trend, southern, Ichimoku signal shows three lines signal the continuation of the southern movement.
Thread: Eur/Jpy
The pair went back into the thick of the level of support and today's low 98.78, the price continues to fall, the main medium-term trend, southern, Ichimoku signal shows three lines signal the continuation of the southern movement.
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Its better to buy this pair for long term. Its in some good uptrend and now price is near to trend line which is a good sign of buying for long term
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The pair broke through the tapered formation at 99.80, and fell heavily down to the target until it reached 98.50, did little to stop, so I think the night buut auction go to a small hallway and tomorrow will make a lot of money to fall back a couple ....
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The pair are now falling, practicing the height of the triangle punched, I think the main purpose is the support level of about 98.50 on the way to this level of support there are no significant obstacles.
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The pair fell today to the south and has demonstrated a very strong fall (after the news) is now a bit too late to sell, you need to wait a little north of correction and the resumption of the fall and can be sold.
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As I expected yesterday, the pair continued to fall (after a rebound from the top of the channel) now she even managed to break the support level of 99.80, and was fixed below it, the goal for me is still around the level of 98.60.
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In EUR / JPY seeing that formed a triangle with a tapering level of support 99.60, the histogram to be in negative territory and continues to fall so I think down the breakdown is quite possible and the purpose of such a breakdown of 98.50 ...
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Now break daily pivot (100.16), it is likely the pair will rise towards the 100.54 level, with the possibility to continue to the 101.04 level. But if the price back down below the pivot, it will likely come down to a level of 99.66.
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EUR / JPY pair rose and closed the patio emerging small candle closed above the Fibonacci levels of 38 but when he returned from resistance levels for the drop of a new frame on the fact that the candle dimensional hours Hammer possible to pay the price to rise again after touching a cloud Como Span
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