Daily Forex Update: EUR/JPY

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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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