empty
 
 
26.02.2020 05:43 AM
EUR/JPY trying to overcome sell side liquidity pool at 119.38

This image is no longer relevant

After touching the level of 120.49, the EUR/JPY pair is declining to its primary targets at 119.38 and at 118.70. Before the pair reaches those levels, it needs to decline to 120.04-120.13 or to 120.29. Nevertheless, the pair may retrace to 120.51. If this level (120.51) is overcome, the pair in unlikely to go down to the target levels.

The bias from EUR/JPY is Bearish

(Disclaimer)

Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • 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 $9000 more!
    In May we raffle $9000 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
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback