- The Current Ratio indicator have reached a critical value, too many traders expect a downward movement. In this case, we recommend to Buy only.
- The activity of "fresh" sellers in a downtrend may indicate that the market expects the recovery of the bear trend. However, according to our analysis, this movement is corrective and we expect the price to go up
- The MVP indicator shows the uptrend. We take this into account as one of the important factors in today's forecast.
- Stop loss should be taken out of the sellers cluster. If the price passes it, it will likely go on.
- Set Take Profit at the local high, beyond which there is a cluster of orders.
EURJPY - Upward trend will continue, Long trade by market price recommended
April 15, 2022 11:45:53 AM
Forecast Details
PairEURJPY
Direction
Buy
StatusClosed (136.80)
+95 p
137.60
Target 1
136.65
Entry
-85 p
135.80
Stop Loss
Chart & Analyst Comments
