Contributors Technical Analysis EUR/JPY Camarilla & MM Confluence At Resistance

EUR/JPY Camarilla & MM Confluence At Resistance

The price is below Camarilla W H3 and Murrey Math 5/8 so we might expect a rejection around 128.25-25 zone. If 128.60 holds we might see a drop towards 128.10, 127.75 with 126.56 as the final target. However, W L3 and 0/8 MM levels provide a very strong confluence but we still need to see a higher risk-off sentiment for E/J pair to reach the final confluence target. Protecting your profits around important levels is advised.

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version