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This pair dosn't up strong enough otherwise yesterday gone up to 103.76 and retraced down from that level until closed market at 103.38. The downward movement is following long term trend (down).It estimated that the price can continue down again to 102.93 as dayly support 1 level.;):)))
For movement Eur / Jpy in H4 will go to 130.00 price, why is demonstrated by the release of Last Dream patterns.
In this case also has a saturation point fibbo Buy at 130.00 we can do Sell Order at 130.67 and Stop Loss price at price 131.12, Stop Loss if the price breaks we can buy immediately, and the trend will continue. To take profit on Sell limit we can see my chart below the picture ;
like to analyze in long term view of the pair. In H4 chart, there is Divergence on MACD indicator.
Therefore, I think the price will increase strongly to the EMA 200 and test this resistance.:yahoo::doubt:
thanks for opening this thread so we will get more information about euro/jpyc
i think kay treade karnay kay layyia best euro=usd hay hum is per treade kar kay ik best treaders ban saktay hain,,,,
g han min bi yehi trad karta hon and sabi minbar ko yhi karna chahiy but whit mabels alrady emergen. i m very happy is in the traed .ok.thankx.
EUR / JPY at 130.00 Almost in European Session
Mood support the upper side as a stronger EUR and JPY weakness with European liquidity after Japan's finance minister Aso said that Japan did not face opposition in the G20 to the message that the monetary policy is intended to defeat deflation. The pair rose in the charts of highest peaked at 128.00 and 129.89, so far, where profit-taking brought the pair back to 128.70 (+1.22% today).
128.85 resistance is considered as a last defense for the recent highs in at 131.12. Just below the 125.00 no 20 and 55 day MA at 124.28 / 85 and offers additional support
Support: 129.57, 129.47, 129.31
Resistance: 130.10, 130.00, 129.84
Trend: Bullish
Overbought / Oversold: Overbought
ap stop k sat es ko baying karay 114.20 per aur stop day 113 ka aur limit day 117 ke
the pair to continue upward till reach the upper side of the channel and make retest
then it will reverse and close the gap , i suggest buying now okeyyy ???:peace::peace::peace:
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Spoiler: