USD/CHF reversed from resistance zone Next sell target - 0…
EUR/JPY reached buy target - 136.00
- EUR/JPY reached buy target - 136.00
- Next buy target - 137.70
EUR/JPY continues to rise after the earlier breakout of the resistance level 136.00 (which was set as the buy target in our previous forecast for this currency pair). The breakout of the resistance level 136.00 should accelerate the active minor impulse wave 3 – which belongs to the intermediate impulse wave (5) from the end of November. EUR/JPY is expected to rise to the next buy target at the next resistance level 137.70 (target price for the completion of the active wave 3).
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.
GBP/JPY broke support level 141…
Recommendation: BUY 0,9765 SL 0,971 TP1 0,985 TP2 0,9895…