EURJPY Currency Pair Breaks Above 174.30 Resistance Level
Thursday, 11 July 2024, 02:39
EURJPY Wave Analysis
Key Breakout: 174.30 Resistance Level
In a notable move, the EURJPY currency pair has broken above the critical resistance level of 174.30, halting the previous impulse wave I that initiated in July.
- Significant Shift: The breach of this key resistance level indicates a potential bullish trend in the pair.
- Market Dynamics: Traders and investors are advised to monitor the price action post-breakout for new opportunities.
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.