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EURJPY analysis 20.08.2020

EURJPY

The overall trend is upward. A descending truncated H2 level pattern has formed. Awesome Oscillator indicates a bullish divergence. The currency pair is trading in the range of 365 and 135 moving averages.

EURJPY rate online: monitor the price movement in real time.

Trading recommendations:

Buy when an ascending wave pattern is formed, where the wave (aC) breaks through the inclined channel of the descending truncated H2 level pattern.

Stop Loss: 125.34.

Target levels: 126.46; 127.40.

Author: admin
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