03.05.2021 07:34 AM
EUR/JPY hit the expected target at 132.16 (the high has been seen at 132.37) without problems. We will now be looking for a minor correction to 130.66 and maybe even closer to 128.37 before the next impulsive rally higher to 135.50 as the next upside target.
Longer term much higher levels should be expected, but for now a minor correction is in the cards towards 130.66 and possibly even closer to 128.37 before the next real push higher.
Trading recommendation:
Look for an opportunity to re-buy EUR near 130.66 and maybe even closer at 128.37 for the next serious rally higher to 135.50
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.
We are sorry for any inconvenience caused by this message.
