I think that the eurusd have a down fall on monday openings and the support level here is 107.80
Thread: Eur/Jpy
I think that the eurusd have a down fall on monday openings and the support level here is 107.80
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The EUR/JPY is falling in a channel from the July highs. Today it has rallied a little and encountered resistance at the upper channel line of the move down. It may fall from here and continue the trend down with the next target at the 108.00 lows
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Today was confirmed major support level 1.2300. So im long, in longer picture we could see testing last week highs.
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it seemed that the couple is about to fall but it looks okay happened false break the support level, issued a stop to people and very rushed, the impression that is lacking just a little bit of money to take a position on the top ... Boxed lowered and now again trending upwards. .
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buy eur/jpy at the level 124.66 with targets at 126.20 and 127.20, but in case of breaking the level 123.90, then sell below this level with targets at 122.46 and 121.80
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Eur/jpy analysis for 02.15.2013 by using : pivot indicator.
r3:127.56
r2:126.75
r1:125.42
pivot:124.61
s1:123.28
s2:122.47
s3:121.14
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Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
the price is rejected form the resistance at 126.47 and not it is moving down trend .this pair will try to break the last support at 123.25 but at the time this is also become oversold. if the price is close below the 123.15 we can short with the target 122.00
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