empty
 
 
29.11.2019 07:54 AM
Elliott wave analysis of EUR/JPY for November 29 - 2019

This image is no longer relevant

EUR/JPY is still trying to break the level of 120.68. It should just be a matter of time before this hurdle cracks and the pair continues to advance to 121.40 and 121.98. Short-term support is located at 120.33 and then at 120.05. We expect the later support to be able to protect the downside for a clear break above 120.68.

R3: 121.98

R2: 121.40

R1: 121.13

Pivot: 120.68

S1: 120.33

S2: 120.05

S3: 119.80

Trading recommendation:

We are long EUR from 117.25 with our stop placed at 119.55

Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback