EURJPY broke above FR 23% resistance , suggesting that the fall from 112.20 has completed. Pullback to FR 61% area is expected in a couple of days.
Support is now at FR 0%, only break below this level could trigger another fall to 106.00 area
Thread: Eur/Jpy
EURJPY broke above FR 23% resistance , suggesting that the fall from 112.20 has completed. Pullback to FR 61% area is expected in a couple of days.
Support is now at FR 0%, only break below this level could trigger another fall to 106.00 area
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EURJPY broke below 108.40 support, suggesting that the longer term downtrend from 112.13 has resumed. Further decline is expected in a couple of days, next target would be at 105.00 area. Resistance is at 109.30, as long as this level holds
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EURJPY broke below 108.40 support, suggesting that the longer term downtrend from 112.13 has resumed. Further decline is expected in a couple of days, next target would be at 105.00 area. Resistance is at 109.30, as long as this level holds, downtrend will continue.
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elliott impulse wave up 132.15 current rise seems to be over near 131.49 or 132.12 for a retracement towards 130.86
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Looks good to short now!
http://postimg.org/image/jw6qrli0r/
Good Luck
The EURJPY failed to continue its bearish bias yesterday, violated the minor bearish channel to the upside as you can see on my h4 chart below. The bias is bullish in nearest term especially if price able to make a clear break above 109.50 testing 110.10/50
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before price breaks on price reversal 132.45 area, I think the price is still able to bullish, as bullish which began last night, is a condition which is very surprising because at first EURCHF has entered sona seller. I chose to buy now with a target of 20 pips
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the pair can close up the up trend line i see the pair will go to up way to 133.09 rsi refers that the pair will go up so our target buy from 132.09 and our target will 100pips
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the pair can close up the up trend line
i see the pair will go to up way to 133.21
stochastic refers that the pair will go up
so our target buy from 132.21 and our target will 100pips
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Hi,,
in the chart 1h we can see the pair will go to down way in the future
i see we can sell and our target will be 215 pips
I expect from this analyze that the price will go to down way
so sell from 131.78 to 129.65
good luck
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