Short Analysis on EUR/JPY
EUR/JPY ends four-day negative streak. Turning the SELL-Off in to BUY-Positions.
The Keypoints is 121.00 (orange Line), if a breakthrough this resistance happens, we can expect a rise to even 122.00.
But if not, in short time we could have a correction down to 120.55. After that again BUY Position to 121.00.
I assume there will be a sideway move on the next hours or Days.
Keypoints:
-
- Short vs Longs = -5800 vs. + 28'000
- RSI at 70.00 (slightly overbought)
EUR/JPY ends four-day negative streak. Turning the SELL-Off in to BUY-Positions.
The Keypoints is 121.00 (orange Line), if a breakthrough this resistance happens, we can expect a rise to even 122.00.
But if not, in short time we could have a correction down to 120.55. After that again BUY Position to 121.00.
I assume there will be a sideway move on the next hours or Days.
Keypoints:
-
- Short vs Longs = -5800 vs. + 28'000
- RSI at 70.00 (slightly overbought)