Open account Log in

EUR/JPY rising inside impulse waves (iii) and 3

Read the article on FBS website
  • EUR/JPY rising inside impulse waves (iii) and 3
  • Next buy target - 132.00

EUR/JPY continues to rise inside the minor impulse wave (iii), which belongs to wave 3 from the middle of June, The price earlier broke through the resistance zone lying between the resistance level 128.00 and the upper resistance trendline of the wide weekly up channel inside which the price has been moving from the middle of 2016. The breakout of this resistance zone intensified the bullish pressure on this currency pair. EUR/JPY is expected to rise to the next buy target at the next resistance level 132.00.

Share with friends:

Similar

Latest news

Instant opening

This website is owned and operated by Mitsui Markets Ltd. Address: 133 Santina Parade, Elluk, Port Vila, Efate, Vanuatu.

Mitsui Markets Ltd. does not offer financial services to residents of certain jurisdictions, including, but not limited to: the USA, the EU, the UK, Israel, the Islamic Republic of Iran, Myanmar.


Payment transactions are managed by НDС Technologies Ltd.; Registration No. HE 370778; Legal address: Arch. Makariou III & Vyronos, P. Lordos Center, Block B, Office 203, Limassol, Cyprus. Additional address: Office 267, Irene Court, Corner Rigenas and 28th October street, Agia Triada, 3035, Limassol, Cyprus.


Risk warning: Before you start trading, you should completely understand the risks involved with the currency market and trading on margin, and you should be aware of your level of experience.

Any copying, reproduction, republication, as well as on the Internet resources of any materials from this website is possible only upon written permission.


The information on this website does not constitute investment advice, a recommendation, or a solicitation to engage in any investment activity.

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.