What's new

EURJPY Price Bounces off Resistance Level of $123, Bearish Trend May Continue

4.00 star(s) 2 Votes

Fxproooo

New Member
The inability to break down the demand level of $120 by the bears may lead to the bouncing of the price and bullish trend may continue. In case the bears exert more pressure, the demand level of $120 may not hold and the price will be exposed to $119 – $123.

EURJPY Market
Key Levels:
Supply levels: $121, $122, $123

Demand levels: $120, $119, $118
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Similar threads

Users Who Are Viewing This Thread (Total: 1, Members: 0, Guests: 1)

Top
AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock    No Thanks