- 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 last downward movement was characterized by a “surge” in retail sellers. This is a good reason to start thinking about long positions.
- The MVP indicator shows the uptrend. We take this into account as one of the important factors in today's forecast.
- The first target is at the level of the previous peak - 133.6, and the second one, in case of an active price increase, is at the level - 134
The market has stabilized, the first signs of an uptrend appeared
October 21, 2021 12:53:21 PM
Forecast Details
PairEURJPY
Direction
Buy
StatusClosed (133.10)
+90 p
134.00
Target 2
+50 p
133.60
Target 1
133.10
Entry
-60 p
132.50
Stop Loss
Chart & Analyst Comments
