Polakandil
Well-known member
EURJPY price today 137.129, the price drops and formed new low as previous fail to crosses high.
The daily timeframe shows the price near the lower band line, there is buying pressure at this time. RSI level 40 indicates a downtrend.
H1 timeframe, EURJPY price slowly cross up MA 14 line indicator means there are buying pressure trying to control. RSI level 42 out from oversold zone level indicates uptrend starting point based indicator. The price is now near the middle band line as the first resistance when it breakout possible the price move up to reach the upper band level.
Forex, CFDs are complex instruments and come with a high risk of losing
your money
The daily timeframe shows the price near the lower band line, there is buying pressure at this time. RSI level 40 indicates a downtrend.
H1 timeframe, EURJPY price slowly cross up MA 14 line indicator means there are buying pressure trying to control. RSI level 42 out from oversold zone level indicates uptrend starting point based indicator. The price is now near the middle band line as the first resistance when it breakout possible the price move up to reach the upper band level.
Forex, CFDs are complex instruments and come with a high risk of losing
your money