EUR/JPY traded lower , breaking below the support (now turned into resistance) barrier of 123.70 (R1) to hit support at 123.20 (S1). I believe that the pair is poised to continue trading lower and as a result, I would expect a clear break below 123.20 (S1) to open the way for the next support zone of 122.50 (S2). My view is also supported by our short-term oscillators. The RSI slid and fell below its 50 line, while the MACD has topped and fallen below its trigger line. There is also negative divergence between both these indicators and the price action. As for the bigger picture, I see that the pair is trading below the longer-term downtrend line taken from the peak of the 21st August, something that keeps the overall trend of the pair to the downside. Nevertheless, there is positive divergence between both our daily oscillators and the price action, which gives evidence that the trend may be losing momentum.
Uma vez que não iniciou, não sabemos a sua língua falada, mas assumimos que seja Inglês
Por favor, inicie e escolha outra língua para traduzir esta lista.
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