MG Network

something big isHappening!

In the mean time you can connect with us with via:

Copyright © Money Grows Network | Theme By Gooyaabi Templates

Money Grows Network

Archive

Powered by Blogger.

Welcome To Money Grows Network

Verified By

2006 - 2019 © www.moneygrows.net

Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

Popular

Pages

Expert In

Name*


Message*

Elliott wave analysis of EUR/JPY for March 24, 2021

analytics605ae3670948b.jpg

EUR/JPY has seen the expected corrective dip towards 128.29. The low has been seen at 128.41 but we are looking for a tiny bit more towards the downside for the expected test of 128.29 before the next impulsive rally higher in red wave v/ to above the peak of red wave iii/ at 130.66.

Short-term more downside pressure towards 128.29 is expected as long as minor resistance at 128.77 is able to cap the upside. from 128.29 or upon a break above minor resistance at 128.77 will indicate that red wave iv is complete and red wave v/ is developing for a rally past 130.66.

R3: 129.92

R2: 129.46

R1: 128.77

Pivot: 128.60

S1: 128.41

S2: 128.29

S3: 128.18

Trading recommendation:

We will buy EUR at 128.40 or upon a break above 128.77.

The material has been provided by InstaForex Company - www.instaforex.com