fxpulsation
Posts : 8759 Join date : 2012-01-25
| Subject: Technical Analysis for EUR/JPY Tue Dec 17, 2013 1:51 pm | |
| Technical Analysis for EUR/JPY The pair is still stable within the ascending channel shown on graph and trading above the support now at 141.65. The pair is expected to resume the intraday and short term upside wave targeting mainly areas of 144.80 that require stability above 141.65 and most importantly 140.90. Support: 141.65, 141.20, 140.90, 140.10, 139.85 Resistance: 142.15, 142.75, 143.55, 144.45, 144.80 Recommendation Based on the above, buy the pair above 141.65 targeting 142.75, 143.55 and stop-loss below 140.90 | |
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