empty
 
 
02.04.2019 05:48 PM
Elliott wave analysis of EUR/JPY for April 2, 2019

This image is no longer relevant

As long as resistance at 125.01 and more importantly as long as resistance at 126.18 is able to cap the upside, we will continue to look for a dip closer to 120.95 before the ongoing correction is viewed complete and a turn higher through resistance at 126.18 should be expected.

Support is currently seen at 124.14 and a break below here, will add downside pressure towards 12123.65 on the way lower towards 120.95

R3: 125.27

R2: 124.95

R1: 124.75

Pivot: 124.56

S1: 124.12

S2: 123.75

S3: 123.37

Trading recommendation:

We remain short EUR from 124.25 with our stop placed at 126.20.

Torben Melsted,
Analytical expert of InstaForex
© 2007-2025
Summary
Urgency
Analytic
Torben Melsted
Start trade
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback