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.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.