Konstantin Boykachev

CEO Proforexea LLC

Honest Coder

Professional Trader

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Konstantin Boykachev

CEO Proforexea LLC

Honest Coder

Professional Trader

Blog Post

Technical analysis of EUR/JPY for July 05, 2018

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At the 4-hour chart we can see the EUR/JPY pair loosing its volatility, this can be confirmmed by this pair making a triangle pattern, this condition indicate there will be a significant movement in a future, now this pair will try to test the 128.39 level if this level can easily pass, there is a possibility this pair will reach their next target at the next support level 126.96.

(Disclaimer)

The material has been provided by InstaForex Company – www.instaforex.com

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