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EURJPY Analysis 13Oct2023

Euro / Japanese Yen (FX:EURJPY)  
Hokusai_FX  
FX:EURJPY   Euro / Japanese Yen
Trend Analysis Technical Indicators Wave Analysis EURJPY eurjpyanalysis eurjpyidea eurjpytechnicalanlaysis hokusaifx forexsignals eurjpyforecast eurjpyoutlook
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trendanalysis indicator waveanalysis eurjpy eurjpyanalysis eurjpyidea eurjpytechnicalanlaysis hokusaifx forexsignals eurjpyforecast eurjpyoutlook
From a broader perspective, it seems like Eurjpy is still in a bullish trend. When we draw the Fibo Retracement for the last swing, the price has responded positively to the SND area in Fibo 0.5 and has reached Fibo 0.382. Currently, the price has successfully penetrated the trendline and formed a bullish pattern, which indicates that the price is likely to continue its upward trend.

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