EURJPY H4 Bullish Bounce

BY admin admin

TitleEURJPY H4 Bullish BounceTypeBullish BouncePreference:The current price is moving toward the pivot, swing low support at 161.442. Price could bounce off pivot and move to 1st resistance a pullback resistance at 162.903.Alternative scenario:The price may not rise above 161.722 which is the 61.8% fibo retracement level.To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

US Dollar Index Price Analysis: Immediately to the upside comes 91.00

DXY extends the march north and already trades at shouting distance from the 91.00 barrier, or new 2021 highs. Further upside could now see the weekly

Forex

It's Fed day but that's not all with ADP, ISM and quarterly refunding on tap

<p>Welcome to November.</p><p>It's starting out with a flurry of economic data and news, with the highlight being the 2 pm ET FOMC decision. I'll have plenty on that throug

Forex

Royal Caribbean Cruises (NYSE: RCL) Sets Sail For Profitable Growth

Royal Caribbean Cruises Ltd (NYSE: RCL), a leading player in the global cruise industry, has weathered the challenges of the past year and is now poised for continued growth and success. As the world

Copyright © 2024 | WordPress Theme: Xews Lite