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as you can see on the chart the price of the EURJPY stays heading above the Ichimoku Cloud area that at the moment have a blue color for now and this is a good sign for excpecting a long term direction to be bullish and thinking about hiting the next resistance area which you can found at 122.45 prices.
Within the main direction there are a bullish signal at the two lines of Kijun sen and the Tenken sen as the tenken sen which colored in green moves above the line of kijun sen which we can use as a signal for a strong direction as the cross comes with the trend.
122.15 In this case the resistance zone located near 122.35 have a high chance to be hit before the main target of 122.45 hits.
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As followed by today?s head start the price came to flow above the Trendline indicator after the opening today and leads the market to a upward path and then the amok looks like to start rising to test the upcoming resistance stages at 122.25 as the following target move. then again the bullish way still still not assured by the set of way indicators as they don't show all a bullish sign so we could believe that the move is possibly week at the moment. by the way the TDI indicator grasps near the lower edge and have a buy point that could be a reasonable warning in case of giving the thoughts toward entry with the bullish way till it mutation the bearish point.
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After the present launch of the price heads above Trendline pointer and pushes the market to a upward course and after that the value appears to begin rising to test the cutting-edge resistance stages at 122.5 as the next mark action. On the other hand the bullish way yet still not proven by the set of orientation indicators as they don't get a bullish flag so we can say the move is presumably week now . by the way the TDI indicator persist close by the middle dominant while getting a sell sign which could be a decent warning for the thinking of joining with the bullish point to be settled with the change of the bearish signal.
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The current price for the EURJPY contenious moving above the Ichimoku Cloud while the indicator have a blue color for the current situation with a better odds for the long term trend direction to being a bullish targeting the next to meet resistance zone which located at 122.95 prices.
You can also mention the bullish signal at the two lines of Kijun sen and the Tenken sen as the tenken sen which colored in green moves above the red kijun sen line then we can be informed about being in a strong direction as the cross comes with the trend.
122.75 At this condition the resistance area that founded at 122.85 have a high chance to be hit before the main target of 122.95 arrived.
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After this day breach of the price heads below the Trendline affecting the market to score a downward direction and then the worth seems to start falling setting the scores of the support levels at 1.104 as the next objective step. on the other hand the bearish trend still not confirmed by the set of trend indicators as they don't have all a bearish signal so we can say the move is probably week at the moment. by the way the TDI indicator grasps near the middle hand with a sell indicative which may be a good confirmation concerning thoughts of entry with such a bearish heading till it changed the bullish signal.
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After the Today opening the price heads below the Trendline indicator and leads the market to a downward guidance and then the price seems to opportunity falling to trial the upcoming support stages at 123.35 locating the next objective. In addition to the bearish trend still still not certified by the set of direction pointers as they don't have all a bearish flag so we can say the move is presumably week right now. by the way the TDI pointer holds close to the lower edge and have a sell signal which could be a positive confirmation for the thinking of entering with the bearish point to be settled with the change of the bullish sign.
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at the moment the prices of the EURJPY stays heading above the Ichimoku Cloud which shows the blue color at the moment then it's safe to consider that we are may be going towards a long term direction of bullish going then to the next resistance zone that founds at 124 prices.
Also whithin this direction there are bearish cross between the two lines of Tenken Sen and the Kijun sen where the green line of tenken sen goes below the line of kijun sen which we can use as a signal for a week move due to this signal which goes against the main trend.
123.7 Finally I think due to this situation the resistance zone located near 123.85 have a high chance to be hit before the main target of 124 got reached by the price.
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the immediate price for the EURJPY keeps headed above the Ichimoku Cloud which by the way start showing the orange color which in this case leads us to set the long term direction to be bullish targeting the fresh resistance area near 123.3 prices.
You can also mention the bearish signal at the two lines of Kijun sen and the Tenken sen as the tenken sen which colored in green moves below the kijun sen line which have the red color then we can be aware about being through a week move because it?s direction goes against the previous trend of the Cloud.
123 Finally I think due to this situation the resistance zone located near 123.15 have a great chance to be hit just to let the main target 123.3 hits by the qouts.
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Dear aj ki analysis k hisaab se meri strategy yeh ho gi Eur/Jpy maximum 123 tak low jay ga phr os k bad yeh currency pair up jay ga jis k bad yeh 125 tp hit hoga q k market analysis k hisaab se US$ down ja raha aur aur aise hi phr jpy bhare ga baqi best of luck with my strategy.
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The prices shown on the EURJPY persist moving below the Ichimoku Cloud that have shows the orange color to tell about a probably of good chance for the longer trend to be bearish and thinking about hiting the next support levels which assumes to be sets at 123.5 prices.
You can also mention the bullish cross occurs between the indicator's lines of Tenken Sen and Kijun sen which you can monitor that the green tenken sen goes above the line of kijun sen which we can use as a signal for a week move because it?s direction goes against the main trend.
123.5 At this condition the support line founded at 123.65 have a high chance to be hit before the main target of 123.5 accomplished successfuly.
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