SubscribeResistance level and Support lever
current price Eur / jpy* 124.70
Resistance level 1* 127.78
Resistance level 2* 124.81
Resistance level 3* 124.85
Support level 1* 124.67
Support level 2* 124.64
Support level 3* 124.60
Thread: Eur/Jpy
Resistance level and Support lever
current price Eur / jpy* 124.70
Resistance level 1* 127.78
Resistance level 2* 124.81
Resistance level 3* 124.85
Support level 1* 124.67
Support level 2* 124.64
Support level 3* 124.60
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I try to make analysis for eurjpy pair today.
I see this pair still in strong bullish movement . If this pair can break the 124.96 resistance level, I predict this pair will go up to the next resistance level at 125.44 But if this pair go down and break 124.45 support level, I predict this pair will make some correction to the next support level at around 123.93
Buy signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Buy with stoploss at 124.59 and take profit at 125.46
my advice ..don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.
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Eur / jpy Technical analyse
current price Eur / jpy / 124.71
Resistance level 1/ 124.79
Resistance level 2/ 124.83
Resistance level 3/ 124.87
Support level 1/ 124.66
Support level 2/ 124.62
Support level 3/ 124.58
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bullish trend seems to be taking place on the EURJPY pair and that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction. A buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.
This pair can continue bullish trend, now current price at 124.66 and strong support at level 124.46 in hourly time frame. there is possible chance price will move to up side. then next high price is 125.16
I suggest to entry BUY with stoploss at 124.31 and take profit at 125.16
I hope you can earn consistent profit from my signal, good luck
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ej shoot up from 124.2 to 124.8, ez 60pip for buyer, closed few buys, maintaining some above 124.7, and continue to buy at every drop of 25-30pips even if it drop to 123.5.
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Asif777 (2019-02-01), m148 (2019-02-01), SDK (2019-02-02), Unregistered (4), yulbang111 (2019-02-01), zahir123 (2019-02-01)
125 should be the limit for bulls until the EU PMI data and ECB
I think that the PMI data will be bad and the ECB will be extremely dovish, which would result in the EUR collapsing hard along with this pair
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pullback to 124.4 quickly after getting close to 124, i will be happy if ej goes up soon, but i think it will break lower to 123.75 today. close few buys and ready to buy again at about 30pips interval, downside. good luck buyers.
longer term i believe ej will drop to 122.5 before seriously shooting above 125.
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Hanif484 (2019-02-01), Tanveer333 (2019-02-01)
after slowly slipping from 125 to 124.4, suddenly shoot up to 124.8, i tot it was going to shoot above 125, still placing buys
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Asif777 (2019-02-01), Tanveer333 (2019-02-01)
Planning to TP 1/2 at TL pending PA response.
NB TP 1/2 125.171 5min doji. Looking for triple candle hour reversal and break down but not holding my breath
TP 2 125.080. Done for the day
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Could be the case, but as I said, I have a poor entry. If it breaks the trend line, support will turn into resistance, and price will head up to the previous support at 127.50.
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Hanif484 (2019-02-01), Tanveer333 (2019-02-01)
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