EUR/JPY Bounces Back from Weekly Low
EUR/JPY may attempt to retrace the decline from the monthly high (151.62) as it bounces back from the weekly low (148.84).
EUR/JPY Rate Outlook
EUR/JPY appears to be on track to test the weekly high (150.06) as it climbs back above 149.60 (100% Fibonacci extension), and the exchange rate may track the positive slope in the 50-Day SMA (145.25) as it holds above the moving average.
A break above the weekly high (150.06) may generate another run at the March 2008 low (151.69), but EUR/JPY may track the monthly range if it struggles to defend the weekly low (148.84).
A break/close below 148.30 (23.6% Fibonacci retracement) may push EUR/JPY towards the 146.20 (38.2% Fibonacci retracement) to 147.00 (78.6% Fibonacci retracement), which largely aligns with the monthly low (146.13).
EUR/JPY Rate Outlook
EUR/JPY appears to be on track to test the weekly high (150.06) as it climbs back above 149.60 (100% Fibonacci extension), and the exchange rate may track the positive slope in the 50-Day SMA (145.25) as it holds above the moving average.
A break above the weekly high (150.06) may generate another run at the March 2008 low (151.69), but EUR/JPY may track the monthly range if it struggles to defend the weekly low (148.84).
A break/close below 148.30 (23.6% Fibonacci retracement) may push EUR/JPY towards the 146.20 (38.2% Fibonacci retracement) to 147.00 (78.6% Fibonacci retracement), which largely aligns with the monthly low (146.13).
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.