the pair as we can see on the chart has success in breaking the level of 104.00 and reached the level of 104.50 , that's mean the down trend is standing and the pair might head to 105.00 , good luck
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the pair as we can see on the chart has success in breaking the level of 104.00 and reached the level of 104.50 , that's mean the down trend is standing and the pair might head to 105.00 , good luck
If a M15 close above 105 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 104 sell only and do not buy. If price closes back above it again do nothing
The range 105 and 104 is neutral area, any trade done in between is personal decision and not part of this analysis
The pair intraday is the upside prevails, and the RSI is mixed to bearish .
Thats mean the pair is still trading with the upside way ,and this upside movement may targeting the level of 104.60 and than 105.
if the price is able to penetrate 104.20 price point will try to point higher at 105.00 points. If this is confirmation of penetrating bearish movement. target of 40-50 points open buy
possibilities for today EUR / JPY will go down, but do not forget this is only a prediction, all of which determine the decision in the transaction you are yourself and you should not forget to always use the TS in your transaction, and always remember to risk management.
Candle is above Bollinger Band Stop in 60 Minutes chart so I think it’s still standing for Uptrend and this pair might head at first level 104.80 and the second level at 105.00. Place your stop loss 40 points from your open position or at appropriate points from your own analysis. TRADE AT YOUR RISK IF YOU FOLLOW MY ANALYSIS & Good luck
If a M15 close above 106 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 103 sell only and do not buy. If price closes back above it again do nothing
The range 106 and 103 is neutral area, any trade done in between is personal decision and not part of this analysis
because of the moving under the level of 105.00 as we can see from the chart , I think the down trend is still standing and the pair might head to 104.25 how ever the pair made any hourly correction , good luck .
If a M15 close above 105 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 103 sell only and do not buy. If price closes back above it again do nothing
The range 105 and 103 is neutral area, any trade done in between is personal decision and not part of this analysis
the pair to down because in frame time 4 hours go to 104.94 but he can't close above him now he go to 104.35 and if he break this point to down he must return to down support to 104.25 and 103.79 .