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Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at == 130.87 level.
This currency name == eur/jpy pair.
Resitance and target - 128.98
support and stop loss - 133.33
Always follow Long time frame market trend.
Signal is Sell
Forex Forecast with price level.
EUR/JPY - pair in focus
Current Price - 130.02
main support level - 130.10 130.17
main resistance level - 129.80 129.87
Pair likely to be in Buy today.
EUR/JPY currency pair
Date - 23 July, 2018.
Today signal - Buy
Support 3 - Support 2 - Support 1
128.72 129.29 129.74
Resistance 1 - Resistance 2 - Resistance 3
130.76 131.33 131.78
Time frame that is considered while making support and resistance levels - Daily and weekly Time frame
Consider the daily economic news before taking the trade.
Eur/Jpy pair in sell trend and Eur/Jpy pair trading below price level 130.50 it means that Eur/Jpy pair no more chances to move up level prices above 130.50 to 131.50 and i recommend for sell the Eur/Jpy on prices above 131.20, 131.60 and 132.00 and adjust the take profit on prices below 128.00, 127.00 and 126.00 and adjust the stop loss on prices above 131.50 and 132.00 and trader must understand the Eur/Jpy pair right direction and trader follow the clear trend of Eur/Jpy and make profitable trading with Eur/Jpy pair trades today.
http://i67.tinypic.com/2zy90fc.jpg
EurJpy bearish trend can continue today , now current price at 129.98 and strong resistent at level 130.18 in hourly time frame. there is possible chance EurJpy price will move to down side. then next low price is 129.50
I suggest to entry sell with stoploss at 130.35 and take profit at 129.50
TODAY'S TECHNICAL LEVEL OF EURJPY :
Breakout BUY Level: 130.40.
Strong Resistance:130.00.
Original Resistance: 129.60.
Inner Sell Area: 129.20.
Target Inner Area: 128.80.
Inner Buy Area: 128.40.
Original Support: 128.00.
Strong Support: 127.60.
Breakout SELL Level: 127.20.
***Warning *** Trading Forex on margin carries a high level of risk, and may not be suitable for all Traders or Investors.
EURJPY Today Prediction
Strategy: SELL: stop loss at 130.50, take profit at 128.00, 127.00.
Resistance levels: 130.20, 130.50, and 130.80.
Support levels: 128.50, 128.00, and 127.50.
Eur/Jpy Strong Bearish know
Current Rate is: 129.99
Resistance Level is:
Resistance 1: 130.36 Resistance 2: 130.72 Resistance 3: 130.97
https://preview.ibb.co/gUTAB8/Screenshot_4.png
Supporting Level is :
Support 1: 129.69 Support 2: 129.34 Support 3: 129.03
Eur/Jpy Bearish Trend
Current Rate is: 130.03
Resistance 1:130.36
Resistance 2:130.72
Resistance 3: 130.96
https://preview.ibb.co/dJFog8/Screenshot_8.png
Support 1: 129.70
Support 2: 129.31
Support 3: 129.01
eurjpy pair trading trend now looking strong selling and i prefer for selling the eurjpy at price 130.20 to 130.70 and set the take profit at price below 129.00 to 127.00 and we set our stop loss point at price maximum 130.80 to 131.30 and it is must for trader that he/she complete analysis the eurjpy pair and he/she understand the right trend and then he/she place order in eurjpy and make good profit with eurjpy selling trades today