STRONG RESISTANCE on Daily Chart Euro/Japanese Yen.
At the moment the price is in what I consider a strong resistance zone as it got tested a few times since February 2019 but never actualy broke.
Personally, I will wait for confirmation because I see a good oportunity to either sell or buy.
If I buy, I will be looking for 129.00 zone (monthly high Dec.13 2018) on the downside, a drop below 126.00 would aim for 125.00 (low Dec.16 2020) and finally 124.00.
If you have a different view, please share, I would love to hear your analysis.
Personally, I will wait for confirmation because I see a good oportunity to either sell or buy.
If I buy, I will be looking for 129.00 zone (monthly high Dec.13 2018) on the downside, a drop below 126.00 would aim for 125.00 (low Dec.16 2020) and finally 124.00.
If you have a different view, please share, I would love to hear your analysis.
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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.