EUR/JPY may fall to 151.79 - 154.35
BY Trading Central
|Desember 10, 2024ST: the downside prevails as long as 163.26 is resistance
163.26 is our pivot point.
Our preference
The downside prevails as long as 163.26 is resistance.
Alternative scenario
The upside breakout of 163.26, would call for 167.57 and 170.13.
Comment
The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 161.64 and 162.04).
Supports and resistances
170.13 **
167.57 *
163.26 **
161.57
159.57 last
154.35
151.79 **
149.24 *
146.68 **
Number of asterisks represents the strength of support and resistance levels.
© 2024 Trading Central. All Rights Reserved. The information contained herein: (1) is proprietary to Trading Central and/or its content providers; (2) may not be copied or distributed; (3) is not warranted to be accurate, complete or timely; and, (4) does not constitute advice or a recommendation by TIO Markets Ltd, Trading Central or its content providers in respect of the investment in financial instruments. Neither TIO Markets Ltd nor Trading Central nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
Pricing, historical chart data and fundamental company data are provided by Morningstar Research Inc.
Technical Event® is a registered trademark of Trading Central.
Trading Central products and services are protected under U.S. Patent Nos.: 6,801,201; 7,469,226; 7,469,238; 7,835,966; and 7,853,506; and corresponding foreign patents.
Join us on social media
Related Posts
undefined