In the near future, a corrective movement may develop on EUR/JPY. Near the round level of 129.000, a pattern of the Price Action, Bearish Engulfing, emerged, which indicates the development of a downward trend. We recommend you to pay attention to this situation.
If the price fixes below 129.000, one should look for entry points to the market to open short positions. The immediate goal for fixing profits is the local demand zone of 128.500-128.700. In the medium term, the EUR/JPY currency pair can reach a round level of 128.000. When tracking the position, we recommend using a trailing stop.
by , 2017.07.19
Este artículo representa una opinión personal y no debe interpretarse como un consejo de inversión, y/u oferta, y/o una petición persistente para llevar a cabo transacciones financieras, y/o una garantía, y/o un pronóstico de eventos futuros.
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