Subscribewe can notice from the chart that the pair has closed it's daily candle under 105.00 , that's mean the down trend is expected and the pair might head to 105.20 then 104.90 , however the pair made a hourly correction
Thread: Eur/Jpy
we can notice from the chart that the pair has closed it's daily candle under 105.00 , that's mean the down trend is expected and the pair might head to 105.20 then 104.90 , however the pair made a hourly correction
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as we can see from the chart the pair has success in breaking the level of 105.00 and now the pair is trading under it , that's mean the down trend is standing and the pair might head to 104.70 then 104.40
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Unregistered (1)
we can see that the pair has closed it's weekly candle above 105.50 . so , that's means that up trend is expected and the pair might head to 106.00 and then 106.30 ,but also the hourly correction is expected before continue in the up trend , good luck .
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the pair as we can see on the chart has success in breaking the level of 106.00 and reached the level of 105.40 , that's mean the down trend is standing and the pair might head to 105.00 then 104.70
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Unregistered (1)
as we can see for the weekly chart the pair faces a strong down trend if it could break up that trend we would see targets at 111.50 as resistant level
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the pair and as we can from the chart has stated it's trading week above the level of 107.00 and that's mean that the up trend is expected and the pair might head to 107.50 and 108.00 how even if the pair make any hourly correction
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On the downside, below 105.12 minor support will suggest that such rebound is finished and will flip bias back to the downside for retesting 100.74 low first.
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with a rally and close above 107.00 to further confirm basing outlook and accelerate gains. A close back below 105.00 will however negate recovery outlook and once again put the pressure back on the downside.
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Like Eur Vs USD Eur/JPY is in uptrend facing fibo 161 and the upper edge of the ascending Channel at the short term level ..
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as we can see from the chart , the pair has succeeded in breaking 106.00 and reached 106.50 , so that's mean the up trend is still standing and the pair might head to 107.00 and the 107.30 . good luck .
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