Eur/Jpy : 23/12/2015 Technical Analysis Report
23rd December 2015
CFX Admin
Our Preference: Sell Below 132.40 for the target of 131.00 levels.
Alternative Scenario: Nill
Technical Commentary :- In Daily Chart :- EurJpy was trading in the triangle pattern and yesterday it tested the resistance level so we can except on selling side and we can sell near resistance level and except upto next key support level :- We have shown in above image.
In 4 Hour Chart :- EurJpy was trading in the triangle pattern and it was trading near upper trend line and so we can sell near upper trend line and except upto next key support level of lower trend line and horizontal line :- We have shown in above image.
In 1 Hour chart :- EurJpy was trading in the equidistant channel line and now its trading below the key resistance 132.40 level so we can sell near resistance level and except upto next key support level :- We have shown in above image.
Technical Commentary :- In Daily Chart :- EurJpy was trading in the triangle pattern and yesterday it tested the resistance level so we can except on selling side and we can sell near resistance level and except upto next key support level :- We have shown in above image.
In 4 Hour Chart :- EurJpy was trading in the triangle pattern and it was trading near upper trend line and so we can sell near upper trend line and except upto next key support level of lower trend line and horizontal line :- We have shown in above image.
In 1 Hour chart :- EurJpy was trading in the equidistant channel line and now its trading below the key resistance 132.40 level so we can sell near resistance level and except upto next key support level :- We have shown in above image.