EUR/JPY,D1
Pivot: 129.36
Analysis:
While the price is below 130.39, follow the recommendations below:
- Time frame: D1
- Recommendation: short position
- Entry point: 129.36
- Take Profit 1: 128.50
- Take Profit 2: 126.66
Alternative scenario:
If the level 130.39 is broken-out, follow the recommendations below:
- Time frame: D1
- Recommendation: long position
- Entry point: 130.39
- Take Profit 1: 132.12
- Take Profit 2: 133.15
Comment:
RSI shows the development of a downtrend in the medium term.
Key levels:
Resistance --- Support
133.15 -------- 128.50
132.12 -------- 126.66
130.39 -------- 125.64
GBP/JPY | British Pound to Japanese Yen Trading Analysis
Prev article
EUR/JPY | Euro to Japanese Yen Trading Analysis
Next article
Recent articles
EUR/JPY | Euro to Japanese Yen Trading Analysis
ECB head Lagarde: so far we see no signs that inflationary pressures are becoming widespread.
GBP/JPY | British Pound to Japanese Yen Trading Analysis
GBP/JPY is declining from 2-week highs, approaching 151.50.