EUR/JPY analysis for February 12, 2019 888011000 110888 EUR/JPY has actually been trading sideways at the cost of 124.63. According to the H1 timespan, I discovered a possible end of the upward correction(ABC), which is a sign that buying looks dangerous. I found a downward movement in the background, so expect potential selling chances. The breakout of the assistance at 124.48 will validate a possible test of 123.77. The essential intraday resistance is set at the rate of 124.85. Trading suggestion: We will sell EUR/JPY if we see a breakout of the assistance 124.48 with a target at 123.77 and protective stop at 124.90. The product has been supplied by InstaForex

By | February 12, 2019

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