Ichimoku Kinko Hyo EUR/JPY: The EUR/JPY pair is now testing the lower level of the cloud…
GBP/JPY: pair to test the nearest support
Information is not investment advice
There's a 'Head & Shoulders' pattern, which has been confirmed. Thus, the pair is likely going to test the nearest support at 145.98. The subsequent pullback from this level and from one of the Moving Averages lines could lead to another bullish rally. In this case, we should watch the next resistance at 148.78 as an intraday target.
Ichimoku Kinko Hyo CHF/JPY: The CHF/JPY pair is now testing the upper level of the cloud…
Ichimoku Kinko Hyo GBP/JPY: The GBP/JPY pair is now trading within the cloud…
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