EURJPY tend to move further downside,support levels are broken
⚡️ The price felled below the 50% Fibonacci and 123.00 key psychological level
⚡️ And the previous price action level was broken and felled below the support level
⚡️ Risk sentiment is remain negative and in Asian session it has make a long bearish candle in 1hr timeframe
⚡️ The price is well below the 03 EMA's and the Ichimoku cloud is pointing towards south
⚡️ RSI is felled below the 50 level reaching towards 30 we can expect minor rebound from this level but EURPY is trading in a downtrend
⚡️ At current level we can see a clear bearish structure.
⚡️ At 11.30 GMT ECB president Miss.Lagarde going to deliver a speech we are expecting that ECB will make a concern about recent appreciation of EURO. And the worrying about recent surge in corona virus
⚡️ The next key resistance level would be 121.00 and a potential level for trend reversal
⚡️ In Elliot wave principal The second wave i already completed and The 3rd wave is underway
Pivot points-H4
R3 123.25
R2 123.07
R1 122.75
PP 122.57
S1 122.25
S2 122.07
S3 121.75
Please give us a thumbs up if u like our work and do follow us so that you can get a regular update about upcoming setups and ideas
⚡️ And the previous price action level was broken and felled below the support level
⚡️ Risk sentiment is remain negative and in Asian session it has make a long bearish candle in 1hr timeframe
⚡️ The price is well below the 03 EMA's and the Ichimoku cloud is pointing towards south
⚡️ RSI is felled below the 50 level reaching towards 30 we can expect minor rebound from this level but EURPY is trading in a downtrend
⚡️ At current level we can see a clear bearish structure.
⚡️ At 11.30 GMT ECB president Miss.Lagarde going to deliver a speech we are expecting that ECB will make a concern about recent appreciation of EURO. And the worrying about recent surge in corona virus
⚡️ The next key resistance level would be 121.00 and a potential level for trend reversal
⚡️ In Elliot wave principal The second wave i already completed and The 3rd wave is underway
Pivot points-H4
R3 123.25
R2 123.07
R1 122.75
PP 122.57
S1 122.25
S2 122.07
S3 121.75
Please give us a thumbs up if u like our work and do follow us so that you can get a regular update about upcoming setups and ideas
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.