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27.08.2020: Forex Analysis & Reviews: EUR/JPY Price Movment On August 27, 2020
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analytics5f47388a0b4d9.jpg

The EUR/JPY pair is now moving towards 126.11 as the prime target. If the bullish momentum is strong enough, then 126.43 will serve as the secondary target. This movement has been already confirmed by the hidden divergence between the price with the Stochastic Oscillator (brown line) as long as this pair not retrace downwards and closes below the 125.24 level. If this happens, the bullish scenario will be automatically canceled.

(Disclaimer)

*这里的市场分析是为了增加您对市场的了解,而不是给出交易的指示。

Arief Makmur,
Analytical expert of InstaForex
© 2007-2026
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