EURJPY testing local support
On the H4 chart of EURJPY, we can see that as a result of last week’s decline, the market yesterday hit the bottom of the upward channel. Currently the course is in the vicinity of local support, and if there is a greater bullish response in this area, we expect to see at least a growth correction. However, if this level is overcome, then we could expect continuation of depreciation just in the area of already mentioned level of 127.40.
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Sprawdź największy polski portal traderski - comparic.pl i dołącz do najbliższej edycji konferencji InvestCuffs! expo.investcuffs.pl. Do zobaczenia w Krakowie!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.