EURJPY: ⬆️ Buy
- EURJPY broke key resistance level 182.00
- Likely to rise to resistance level 184.00
EURJPY currency pair recently broke above the key resistance level 182.00 (which has been reversing the price from the middle of November stopping earlier waves 3 and i).
The breakout of the resistance level 182.00 accelerated the active impulse wave iii – which belongs to wave 3 of the intermediate impulse wave (5) from October.
Given the clear daily uptrend and strong yen sales seen today, EURJPY currency pair can be expected to rise to the next resistance level 184.00 (target price for the completion of the active impulse wave iii).
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