EUR/JPY moved directly to the 122.70 targets Resistance Pre-Virus Resistance without taking a break. Look like All market doing V-SHAPED recovery but uncertainty still coming ahead. Currently, Market overreacting for the re-opening of the world. Coming Monthly Expecting Worst data to drive all market back to post virus level again.
More negative rate with central bank printing money currently helping Economice short term but long term still high risk
Short term SUPPORT And Resistance level
R3: 124.22
R2: 123.35
R1: 122.70
Pivot: 122.00
S1: 121.30
S2: 120.77
S3: 120.49
🛑Long Term SUPPORT/RESISTANCE Monthly Base
✅S1= 120.10
✅S2=118.50
✴️R1=122.80
✴️R2=125.10
Please like, share, comments and follow me to get daily base analysis
Thank you for your support, I appreciate it.
More negative rate with central bank printing money currently helping Economice short term but long term still high risk
Short term SUPPORT And Resistance level
R3: 124.22
R2: 123.35
R1: 122.70
Pivot: 122.00
S1: 121.30
S2: 120.77
S3: 120.49
🛑Long Term SUPPORT/RESISTANCE Monthly Base
✅S1= 120.10
✅S2=118.50
✴️R1=122.80
✴️R2=125.10
Please like, share, comments and follow me to get daily base analysis
Thank you for your support, I appreciate it.