Browse by EUR / JPY and the forecast for January 21.
Brief formed today wave picture for this instrument: a dominating major down wave of 27 December YTD formation of the counter correction irregular in shape . Movement at the time of the analysis is not complete.
By now it is clear that the current from the beginning of yesterday mezhdnevnoe bullish move is the final part of the unfinished upward wave correction.
The nearest resistance zone yesterday was pushed through, becoming a support area.
On the next trading session, expect a continuation of yesterday's mood until the next resistance zone . Counter price spikes are not waiting below the nearest support area.
Support area:- 141.40/15
Below today do not wait.
Resistance zone:- 142.20/45-142.80/143.10 (achievement zone within days unlikely)
Above in the day did not expect.
Trading recommendations:
During the day the upward attitude, capacity is limited resistance zones. Deal to sell do not recommend.
