EURJPYDear 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...EJ has already made 300 pips out of the 500 I was telling you about and even if it rejects 100-150 and has a range in this area, the final target for the next period is the 129,100 area (Fibonacci 618 for 1 month and from there ... we will reanalyze the whole situation
THIS WEEK...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
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.
