EUR/JPY Daily Chart
The EUR/JPY pair breaks above the resistance presented by a long-term trend line but with the big obstacle represented by a price congestion level at the €129.2 price level, a level last seen at the end of 2019.
Above the current price, the first resistance level is at the €129.21 price level, then the second at €130.19 and the third at €131.97.
Below the current price, the first support level is at €128.90, then the second one at €128.21 and the third one at €127.57.
The WT_LB indicator penetrates the overbought zone, limiting the upside potential of the EUR/JPY pair. A bullish sideways consolidation scenario is likely in the coming sessions.
Above the current price, the first resistance level is at the €129.21 price level, then the second at €130.19 and the third at €131.97.
Below the current price, the first support level is at €128.90, then the second one at €128.21 and the third one at €127.57.
The WT_LB indicator penetrates the overbought zone, limiting the upside potential of the EUR/JPY pair. A bullish sideways consolidation scenario is likely in the coming sessions.
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.