EUR/USD: bullish 'Hammer' and 'Tweezers'
If a pullback from the nearest resistance at 1.1421 forms next, we should wave the 144 MA as a possible departure point for...
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).
Dmitry Chernovolov
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