empty
 
 
27.09.2021 06:00 AM
Elliott wave analysis of EUR/JPY for September 27, 2021

This image is no longer relevant

EUR/JPY held short-term key support at 127.93. It is again heading to the short-term resistance at 130.59. Ultimately, if this resistance is broken, the pair may reach 134.24 and the target level for wave 3 at 135.41.

Only an unexpected break below 127.93 will indicate wave 4/ remains in play and move closer to support at 127.12 should be expected before the next push higher. Only after a break above resistance of 130.59, the likelihood of a downward scenario will be low.

Summary
Urgency
Analytic
Torben Melsted
Start trade
Gagnez sur les variations du cours des cryptomonnaies avec InstaForex.
Téléchargez MetaTrader 4 et ouvrez votre première transaction.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback