EUR/JPY Daily Update (19/9/17) *BULL is safe only if 131 holds
EURJPY is the cruise control mode. But for today, we have more and more push back from BEAR too.
It is yet to show heavily in price action as it has yet to show any bearish candle.
As long the price is above 131, we can say it is pretty safe to be BULL. If it does, it can go to 134.5 or 135.
So, watch 131 level carefully. We will be having FOMC and JPY news coming up this week.
Trade Safe,
s0nic
Disclaimer :
This analysis not include personal feeling/opinion, and pure base on technical analysis
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.
please inform me with post a comment if it reach some critical point/break pattern, reach target/reach stop level.
or if there is any question about this analysis/need new update.
Because I'm not monitoring this chart all time.
It is yet to show heavily in price action as it has yet to show any bearish candle.
As long the price is above 131, we can say it is pretty safe to be BULL. If it does, it can go to 134.5 or 135.
So, watch 131 level carefully. We will be having FOMC and JPY news coming up this week.
Trade Safe,
s0nic
Disclaimer :
This analysis not include personal feeling/opinion, and pure base on technical analysis
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.
please inform me with post a comment if it reach some critical point/break pattern, reach target/reach stop level.
or if there is any question about this analysis/need new update.
Because I'm not monitoring this chart all time.
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