Daily Forex Update: EUR/JPY

EUR/JPY 11 hours
Chart date range | 31-May 18:00 GMT-> 10-Jun 05:00 GMT |
Data Interval | Hour |
Summary
Target Level | 110.59 | |
Target Period | 11 hours | |
Stop Level | 108.96 |
Analysis
Rising Wedge identified at 10-Jun 05:00 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 110.59 within the next 11 hours.
Resistance Levels
(B) | 110.59 | Last resistance turning point of Rising Wedge. |
Support Levels
(A) | 108.96 | Last support turning point of Rising Wedge. | |
(E) | 108.06 | Last support turning point of Falling Wedge. |
- 10 June |
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