fxpulsation
Posts : 8759
Join date : 2012-01-25
 |  Subject: Technical Analysis for EUR/JPY  Thu Sep 05, 2013 10:45 am | |
|  Technical Analysis for EUR/JPY The EUR/JPY pair is still in a sideways range but it maintains stability above 130.85, making us boost the likelihood of an uptrend on Thursday. Targets of the expected bullishness begin at 131.90 then extend to 132.70. Support: 130.85, 130.10, 129.70, 128.80, 127.90 Resistance: 131.40, 131.95, 132.40, 132.70, 133.00 Recommendation Based on the analysis above, we recommend buying the pair above 130.85, targeting 131.90 and 132.70 and stop-loss with 4-hour closing below 130.10. | |
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