Daily Technical Analysis Report From CentreForex - page 7
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
Eur/Jpy : 21/01/2015 Technical Analysis Report From CentreForex
Our Preference: Sell Below 127.50 for the target of 126.50 levels.
Alternative Scenario: Nill
Technical Commentary :- In Daily Chart:- EurJpy was started to move towards last year low and it was trading in the triangle pattern and yesterday its was closed on lower side and as bearish candle so we can except on selling side and we can sell near resistance level and except upto next key support levels :- which we have shown in above image.
In 4 Hour Chart :- Eur Jpy was broken the triangle pattern on lower side so we can except on selling zone and we can sell near resistance level of previous lower trend line and except upto next key support level :- which we have shown in above image.
In 1 Hour Chart :- EurJpy was trading below the upper trend line and its broken the support level of horizontal line so its confirming for the selling side so we can sell near intraday resistance level and except upto next key support level :- which we have shown in above image.