Daily Forex Update: EUR/JPY

От: Дима Chernovolov

EUR/JPY continues to rise inside the clear Down Channel chart pattern which was previously identified by Autochartist on the 4-hour charts. Autochartist rates the quality of this Down Channel at the 6-bar level – which reflects the significant Initial Trend (7 брусья), below-average Uniformity (4 брусья) и выше четкость (8 брусья). The bottom of this Down Channel formed when EUR/JPY reversed up from the strong support area shown below.


As can be seen from the daily EUR/JPY chart below, the bottom of this Down Channel formed when the pair reversed up from the support zone lying between the key support level 128.30, lower daily Bollinger Band, 50-day moving average and the 38.2% Fibonacci correction of the upward impulse from June. The proximity of this support zone heightens the probability EUR/JPY will continue to rise inside this Down Channel.


To subscribe to the e-mail alerts feature is quick and easy. Log into the Autochartist platform, click on ‘Alerts & Messaging’, enter your email address, select the market you want covered, select your language, and the time you want to get your report, and you’re done! You will now receive a quick morning technical outlook of the markets.


Для получения более подробной информации об этом и других продуктах Autochartist посетите www.autochartist.com

1 Нравится
1929 Просмотры

Вам также может понравиться

Leave A Comment

Please enter your name. Please enter an valid email address. Please enter message.


I accept the Privacy policy, Отказ от ответственности а также Conditions of this service

* = Обязательное поле