EURJPY - Upward trend will continue, Long trade by market price recommended

November 27, 2019 7:42:05 AM by Alexander Zorevyk
Forecast Details
PairEURJPY
Direction Buy
StatusClosed (120.5)
7:40
7:40
Nov. 27, 2019

+100 p
121.20
Target 2
+59 p
120.80
Target 1
120.20
Entry
-65 p
119.55
Stop Loss
Chart & Analyst Comments
EURJPY - Upward trend will continue, Long trade by market price recommended
  1. Analyzing the market sentiment with Current Ratio indicator, we see a formed signal that confirms our idea of Buy Order.
  2. Downward price movement is accompanied by reversal signals of Profit Ratio indicator.
  3. Stop loss should be taken out of the sellers cluster. If the price passes it, it will likely go on.