EURJPY has finally broken out of its bullish pennant on the daily chart.
It will most likely retest first the old high from Sep shy of 104, but given the strong momentum will rally towards 105-106 handle, possible even towards a projected target from the widest width of the pennant towards 106.50-107.00 area
cheers KP
It will most likely retest first the old high from Sep shy of 104, but given the strong momentum will rally towards 105-106 handle, possible even towards a projected target from the widest width of the pennant towards 106.50-107.00 area
cheers KP
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.