
The Triple Bottom pattern has been formed on EURJPY M5. It has the following characteristics: resistance level 163.21/163.11; support level 163.06/163.06; the width is 15 points. In the event of a breakdown of the resistance level of 163.21, the price is likely to continue an upward movement at least to 163.20.
The M5 and M15 time frames may have more false entry points.
*L'analyse de marché présentée est de nature informative et n'est pas une incitation à effectuer une transaction