fxpulsation
Posts : 8759 Join date : 2012-01-25
| Subject: Technical Analysis for EUR/JPY Thu Oct 17, 2013 9:26 am | |
| Technical Analysis for EUR/JPY The pair remained stable above 133.30 increasing the opportunity of extending the overall positive expectations within the ascending channel as shown on graph, so we wait to reach the targets 134.95 and 136.25 where it remains valid unless levels 133.30 and 132.75 were broken. Support: 133.30, 132.75, 132.25, 131.45, 131.00 Resistance: 134.00, 134.95, 135.35, 136.00, 136.50 Recommendation Based on the above, buy the pair above 133.30 targeting 134.50, 134.95 and stop loss at four-hour closing below 132.75 | |
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