EUR/JPY rising inside impulse waves (iii) and 3

EUR/JPY rising inside impulse waves (iii) and 3

  • EUR/JPY rising inside impulse waves (iii) and 3
  • Next buy target - 132.00

EUR/JPY continues to rise inside the minor impulse wave (iii), which belongs to wave 3 from the middle of June, The price earlier broke through the resistance zone lying between the resistance level 128.00 and the upper resistance trendline of the wide weekly up channel inside which the price has been moving from the middle of 2016. The breakout of this resistance zone intensified the bullish pressure on this currency pair. EUR/JPY is expected to rise to the next buy target at the next resistance level 132.00.

Similar

Popular

EUR/USD: bullish "Doji"

The price is likely going to test the nearest resistance. If a pullback from this level happens, we could have just another decline...

eur

promotions you can be interested in

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera