ユーロ／円ロング
EURJPY Retest and Flight
Based on movement since early May 2020, the pair has seen extremely bullish movement and has now been caught in some form of consolidation slightly above Key level 130.000, with respect to Monthly closes as S&R Levels (Red Horizantal lines) as it then broke out upwards before last week's close. Price this week may see some bearish movement early in the week as it retests onto the consolidation area to confirm a rejection back in, with the help of the Fibonacci levels.
Price could then resume upside movement to next Major Key level 132.500 first before moving onto about 133.100 or even 133.450 to see highs it last saw in April 2018 before any further reversals are considered.
#charter_box
#walkittalkit
Price could then resume upside movement to next Major Key level 132.500 first before moving onto about 133.100 or even 133.450 to see highs it last saw in April 2018 before any further reversals are considered.
#charter_box
#walkittalkit
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