Note

EUR/JPY PRICE ANALYSIS: CLIMBS ABOVE 164.00 WITH BULLS EYEING YTD HIGH

guntur360
· Views 36



  • EUR/JPY breaks above Tenkan-Sen, eyes 165.00 potential.
  • Holding above 164.00 may lead to testing yearly highs.
  • Bears aim below 164.00 for reversal; Tenkan-Sen, Kijun-Sen as supports.

The Euro posted solid gains against the Japanese Yen (JPY) on Wednesday, amid an improvement in risk appetite and the dovish stance adopted by the Bank of Japan (BoJ) despite rising interest rates. At the time of writing, the EUR/JPY trades at 164.25, up 0.67%.


Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.

FOLLOWME Trading Community Website: https://www.followme.com

If you like, reward to support.
avatar

Hot

No comment on record. Start new comment.

Content related