BTC SHOWING SOME BULL RETRACEMENT BTC is holding the price at the major support not closing below the major monthly support, he tested it and moved below and returned back to the support price which shown that BTC may actually be trying some retracement of some bullish if the bearish impulse fails in the next coming days. My advise for those that are willing to invest on BTC should start investing some spare i mean small of their capital, and if it drop they should also invest more before the next bull move is goint to start
Dailyforex
EURJPY – Jpy currency is still in weakness, while buyers might pEURJPY – Jpy currency is still in weakness, while buyers might push higher
Trend: Strong Buy
Support/Resistance:
R4: 122.163
R3: 121.717
R2: 121.381
R1: 121.069
S1: 120.400
Price action:
Buyers might continue this trend after they break and hold above first resistance, if they're enough strong. First hard and slow target is at 121.381 level. If buyers will go forward, then trending way will follow buyers power.
Potencial trade idea:
Bulls targets:
T1: 121.381
T2: 121.717
T3: 122.163
NOTE – We are trading EURJPY via the preferred trading setups by EliteFxAcademy