- 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.
- The first target is at the level of the previous peak - 136.7, and the second one, in case of an active price increase, is at the level - 136.9
EURJPY - Upward trend will continue, Long trade by market price recommended
May 25, 2022 5:10:22 AM
Forecast Details
PairEURJPY
Direction
Buy
StatusClosed (135.10)
+100 p
136.90
Target 2
+80 p
136.70
Target 1
135.90
Entry
-80 p
135.10
Stop Loss
Chart & Analyst Comments
