The EURJPY pair appears to have completed the latest Higher High within its 1 year Channel Up, slightly above the 148.400 High of October 21 2022. That has completed the buy signal we gave on February 16:
The 1D RSI almost hit the 70.00 overbought barrier and the last 3 times it did, the price pulled-back to at least the 0.5 Fibonacci retracement level. That is currently a little under 144.000 and that is our short-term Target.
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The 1D RSI almost hit the 70.00 overbought barrier and the last 3 times it did, the price pulled-back to at least the 0.5 Fibonacci retracement level. That is currently a little under 144.000 and that is our short-term Target.
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** Please LIKE π, FOLLOW β , SHARE π and COMMENT β if you enjoy this idea! Also share your ideas and charts in the comments section below! **
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