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Hello all members ..
wish you all have very good trading week and make good profit with Indian MT5 forum.
I try to share my daily analysis. Today I will discuss about EURJPY pair. I see the daily chart that indicate complete downtrend of this pair.
Potential Resistent1 : 124.53
Potential Resistent2 : 124.72
Potential Resistent3 : 124.91
Potential Support 1 : 124.07
Potential Support 2 : 123.86
Potential Support 3 : 124.03
my predict price will falling today. If you choose SELL position, then put a take profit at 123.79 and stop loss at 124.63
please avoid using big lot for your trade because this business is very dangerous. anything can happened in forex market. good luck to your trading my friend and I hope you can make consistent profit everyday. . Thanks to Instaforex the best Broker around the world .!!
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EUR/JPY Technical analyse
Resistance lever 1 > 124.01
Resistance lever 2 > 124.26
Resistance lever 3 > 124.35
Support lever 1 > 123.92
Support lever 2 > 123.65
Support lever 3 > 123.50
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technical analysis of EUR/JPY
market trend is bearish
market ke current price =124.31
market aj in resistance levels ko break kar sakte hey
Resistance level 1 =124.45
Resistance level 2 =124.57
Resistance level 3 =124.66
market jin supports level ko break kar sakte he woh ye ho sakte hain
Support level 1 =124.18
Support level 2 =124.07
Support level 3 =123.97
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EUR...JPY
technical analysis eur/jpy
this is a sensitive price rate
the price eur/jpy buying point is 124.46 and the selling point 124.38
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EUR/JPY
Resistance and Supporting
Resistance 1 - 125.72
Resistance 2 - 125.87
Resistance 3 - 125.90
Supporting 1 - 124.68
Supporting 2 - 124.55
Supporting 3 - 124.21
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Eur jpy is going up and we can have a buy trade on this pair
Support and resistance levels:-
S3 78.27
S2 78.41
S1 78.50
R1 78.64
R2 78.69
R3 78.83
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Eur/jpy:-
Today's signal:- buy
Current price:- 124.3120
T.P:- 125.0911
S.L:- 124.3200
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I bought EUR/JPY for the medium term - at least several days unless I get contradictory signals.
Reasons:
Bullish price action patterns on the daily chart. First a pin bar then a bullish engulfing bar
Price is crossing a small but still important pivot zone, the 115.00 area
The support on the daily chart at 113.50 is the bounce place. Multiple bottoms in this area = strong rejection.
target at least 116.50 or more; stop loss at 113.50. Again, this is a medium term trade
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EUR/JPY Technical analysis
Resistance level fist; 124.45
Resistance level 2nd; 124.62
Resistance level 3rd; 124.80
Supporting level fist; 124.15
Supporting level 2nd; 124.02
Supporting level 3rd; 123.90
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eur/jpy Resistance & Support
Resistance
1-Resistance 124.58
2-Resistance 124.65
3-Resistance 124.76
Support
1-Support 123.42
2-Support 123.34
3-Support 123.57
