Торговля дня: EUR / JPY

От: Dima Chernovolov

EUR/JPY continues to rise inside the 4-hour Flag chart pattern which was previously identified by Autochartist. Autochartist оценивает качество флага на уровне 7 столбцов, что является результатом сильного резкого начального тренда. (10 брусья), низкая Однородность (2 брусья) и существенная ясность (9 bars EUR/JPY is expected to rise further inside this Flag – in line with the earlier upward reversal from the support area shown below.

As can be seen from the daily EUR/JPY chart below – the price earlier reversed up from the support area located between the key support level 128.20 (which also reversed the price at the start of March), ниже ежедневно Боллинджера и 38.2% Fibonacci correction of the upward price impulse from January. The proximity of this support zone adds to the probability EUR/JPY will continue to rise inside this Flag.