EURJPY: breakout of the bullish trend for continued growth
Elements of the chart that are important to pay attention to:
- a historically strong resistance level of 133.09.
- Upward trend
- Resistance line October 2019 and support line May 2020.
After the rebound from the 129.65 support, the price broke through the resistance at 131.52. Now we can expect its growth to the resistance of 133.09.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
- a historically strong resistance level of 133.09.
- Upward trend
- Resistance line October 2019 and support line May 2020.
After the rebound from the 129.65 support, the price broke through the resistance at 131.52. Now we can expect its growth to the resistance of 133.09.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
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