- 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" bears while the upward movement may indicate that the market crowd still does not believe in a Bullish trend.
- The MVP indicator shows the uptrend. We take this into account as one of the important factors in today's forecast.
- We see an accumulation of loss sellers below the current price in the right Order Book. This cluster can act as a support.
- 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
March 24, 2022 9:15:15 AM
Forecast Details
PairEURJPY
Direction
Buy
StatusClosed (134.50)
+80 p
134.50
Target 1
133.70
Entry
-80 p
132.90
Stop Loss
Chart & Analyst Comments
