EURJPY Downside Faagun Iha isalẹ Pẹlu Agbara Bearish Nisalẹ Ipele 118.87

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EURJPY Onínọmbà Iye - Oṣu Kẹta Ọjọ 6

EURJPY prolongs the downward movement for the second session in a row on Friday, escalating after breaking beneath the key level of 118.87. In general, the exchange rate may continue to decline during the next trading session. Against this background, the cross faces the next price level of relevance in 118.37 regions.

Awọn ipele bọtini
Awọn ipele Ipele: 122.87, 121.39, 199.66
Awọn ipele atilẹyin: 118.37, 117.08, 115.83

EURJPY Aṣa igba pipẹ: Bearish

In the long-term structure, the trend stays bearish, as the cross remains within the falling channel established from 122.87 (high) level. It was also simply rejected by the nearest moving average of 13.

A break of 115.83 level may expand the downtrend from 127.52 (high) level to the support level of 114.84 in the following.

EURJPY Aṣa igba kukuru: Bearish

The initial intra-day bias of EURJPY stays neutral. A further plunge stays mild in favor with a resistance level of 121.39 unchanged. A larger rebound from the level of 115.83 should have completed at the level of 122.87.

A break of 118.37 level could come close to a 100% forecast from 122.87 to 118.37 from 121.39 to 117.08 level in the following. Nevertheless, a solid breakthrough at the level of 121.39 can return a short-term bullish mood and provoke a repeated test of the resistance level of 122.87 level.

Irinse: EURJPY
Bere fun: Ta
Owo titẹsi: 119.24
Duro: 119.66
Afojusun: 118.37

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