Rimani 
Condizioni di trading
Strumenti
EUR/JPY has decline nicely from the corrective peak at 121.46. We continue to look for more downside pressure trough support at 120.15 for a dip closer to 119.26 which marks the 50% corrective target of wave 1 and at the same time is where wave iv of one lessor degree bottomed. A test here will be a obvious target.
Short-term resistance is seen at 121.04. This resistance will ideally be able to cap the upside for renewed downside pressure towards 120.15 on the way lower to the expected target at 119.26. Only a break above key-resistance at 121.46 will indicate a premature low has been seen and a possible new impulsive rally in wave 3 towards at least 126.97.
R3: 121.46
R2: 121.18
R1: 121.04
Pivot: 120.66
S1: 120.42
S2: 120.15
S3: 119.95
Trading recommendation:
We are short EUR from 121.20 and we will move our stop lower to 121.50. We will take profit at 119.50.
Le recensioni analitiche di InstaForex ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaForex, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of Instant Trading EU Ltd including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.
We are sorry for any inconvenience caused by this message.
