eur jpy

robert11

Junior member
34 3
eur jpy

http://myforexforums.com/forumdispla...Our-Specialist

On the H4 TF, we are observing the harmonic pattern low on bottom of the bearish channel and also a positive divergence has happened at almost the same time. Till May 20th its time will be fulfilled and we are expecting an up move if the demand fuels up across the market and having the price stabilized around 139.00.

 

ronaldm

Newbie
7 0
GPBUSD Bullish Movement is expected.

It shows that GBPUSD has found a support around 1.6760 level by a horizontal support and fibo 61.8% level of recent low and high. Now bullish movement expected again targeting 1.6920 area. But a break and close below 1.6760 on daily chart can make this scenario invalid.
Read more forex technical outlook here
 
 
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