EURJPY
Dear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
As I said last weeks...as I said last week EJ will make a 150 pips retracement move ... only the move was bigger and more aggressive than I expected!
Now it has re-entered a very difficult area where anything is possible ... my recommendation is to wait to close for 1 month and see where it closes and what the trend will be for July!
if it closes over 132,500 then I think it will retest the area 134 or even higher towards 136.
if it closes below this area ... it will retest the Fibonacci area 618 and then even 0.5
THIS WEEK...EJ closed for 1 month and 1 week below 132,500 and even if maybe it will go up 100-120 pips, I expect that in the next period it will reach the level of 618 Fibonacci 129,034 and then go down to the final target proposed for a few weeks ... 125,300
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
As I said last weeks...as I said last week EJ will make a 150 pips retracement move ... only the move was bigger and more aggressive than I expected!
Now it has re-entered a very difficult area where anything is possible ... my recommendation is to wait to close for 1 month and see where it closes and what the trend will be for July!
if it closes over 132,500 then I think it will retest the area 134 or even higher towards 136.
if it closes below this area ... it will retest the Fibonacci area 618 and then even 0.5
THIS WEEK...EJ closed for 1 month and 1 week below 132,500 and even if maybe it will go up 100-120 pips, I expect that in the next period it will reach the level of 618 Fibonacci 129,034 and then go down to the final target proposed for a few weeks ... 125,300
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.
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.