Centreforex
CentreForex.com Representative
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Eur/Jpy : 01/04/2015 Technical Analysis Report From Centreforex
Our Preference: Sell below 129.30 for the target of 128.00.
Alternative Scenario: Nill
Technical Commentary :-In Daily chart :- Eur/Jpy was trading in the long term equidistant channel lines and its trading in the triangle pattern and trading below intraday upper trend line and Eur/Jpy was started to trade in range bound pattern between key resistance and key support levels so today we can except sideways :- We have shown in image.
In 4 hour chart Eur/Jpy was trading in the equidistant channel lines and its trading below key resistance level so we can sell below 129.30 levels :- We have shown in image.
In 1 hour chart, EurJpy was trading below the upper trend line & key resistance level 129 levels we can except sideways moments and next support levels and we can sell below 129.30 levels : - We have shown in image.
Our Preference: Sell below 129.30 for the target of 128.00.
Alternative Scenario: Nill
Technical Commentary :-In Daily chart :- Eur/Jpy was trading in the long term equidistant channel lines and its trading in the triangle pattern and trading below intraday upper trend line and Eur/Jpy was started to trade in range bound pattern between key resistance and key support levels so today we can except sideways :- We have shown in image.
In 4 hour chart Eur/Jpy was trading in the equidistant channel lines and its trading below key resistance level so we can sell below 129.30 levels :- We have shown in image.
In 1 hour chart, EurJpy was trading below the upper trend line & key resistance level 129 levels we can except sideways moments and next support levels and we can sell below 129.30 levels : - We have shown in image.