Trade: Long
Global target: 150
Local target 1: 133.5
Local target 2: 136.5
On the global chart EUR/JPY broke through the resistance trend line and at the moment it is consolidating right above it. It is a big sign of an upcoming explosion with the target at 150.
Locally, we can see that the price is testing the resistance area, and after a breakout, it will skyrocket to 133.5 shortly. After the price will rise as high as 136.5.
Global target: 150
Local target 1: 133.5
Local target 2: 136.5
On the global chart EUR/JPY broke through the resistance trend line and at the moment it is consolidating right above it. It is a big sign of an upcoming explosion with the target at 150.
Locally, we can see that the price is testing the resistance area, and after a breakout, it will skyrocket to 133.5 shortly. After the price will rise as high as 136.5.