EURJPY Wave Analysis and Forecast for 10 July 2024

Wednesday, 10 July 2024, 18:38
EURJPY broke a significant resistance level at 174.30, indicating potential upward movement towards 176.00. This analysis provides insights into the current trend and possible price targets for traders. Investors should consider the forecasted levels and plan their positions accordingly for potential gains.
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EURJPY Wave Analysis and Forecast for 10 July 2024

EURJPY Wave Analysis Overview

EURJPY recently broke above a key resistance level at 174.30, signaling a bullish trend.

Potential Price Movement

Forecast: The currency pair is expected to continue its upward momentum towards the resistance level of 176.00.

  • Key Resistance Breakout: EURJPY surpassed the crucial barrier, suggesting strength in the market.
  • Trading Strategy: Traders can consider long positions with target levels aligned to the forecast.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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