EUR/JPY Approaches September 2008 High
EUR/JPY approaches the September 2008 high (159.61) as it stages a four-day rally.
EUR/JPY Rate Outlook
EUR/JPY bounces back ahead of the monthly low (155.54) to clear the July high (158.05), with the exchange rate climbing to a fresh yearly high as it carves a series of higher highs and lows.
A breach above the September 2008 high (159.61) may push EUR/JPY towards the 160.40 (100% Fibonacci extension) to 160.80 (78.6% Fibonacci extension) region, with the next area of interest coming in around 163.30 (100% Fibonacci extension).
However, failure to test the September 2008 high (159.61) may curb the bullish price series in EUR/JPY, and lack of momentum to hold above 158.80 (61.8% Fibonacci extension) may push the exchange rate back towards the 157.20 (161.8% Fibonacci extension) to 157.90 (161.8% Fibonacci extension) region.
EUR/JPY Rate Outlook
EUR/JPY bounces back ahead of the monthly low (155.54) to clear the July high (158.05), with the exchange rate climbing to a fresh yearly high as it carves a series of higher highs and lows.
A breach above the September 2008 high (159.61) may push EUR/JPY towards the 160.40 (100% Fibonacci extension) to 160.80 (78.6% Fibonacci extension) region, with the next area of interest coming in around 163.30 (100% Fibonacci extension).
However, failure to test the September 2008 high (159.61) may curb the bullish price series in EUR/JPY, and lack of momentum to hold above 158.80 (61.8% Fibonacci extension) may push the exchange rate back towards the 157.20 (161.8% Fibonacci extension) to 157.90 (161.8% Fibonacci extension) region.
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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.