Technical Commentary: In Daily Chart :- EurJpy was trading in the equidistant channel lines and its was trading in the range bound pattern and new upper trend line was formed and its was trading below the upper trend line now its trading near the lower trend line of equidistant channel and its trading near key support level of horizontal line , if support levels breaks means we can except heavy sell off , so we can sell below the key resistance level of horizontal line and we can except upto next major key support level :- which we have shown in attached image.
In 4 Hour Chart :- EurJpy was broken the intraday lower trend line so we can sell below the lower trend line and we can except upto next major key support level :- which we have shown in attached image.
In 1 Hour Chart :- EurJpy was trading below the key resistance level of horizontal line and it was trading with lower trend line if lower trend line breaks means we can except heavy sell off so we can sell below the lower trend line and we can except upto next major key support level :- which we have shown in attached image.
| PIPS COUNTER - SINCE JANUARY 2013 | ||
| Total Trades | Total Pips | |
| EUR / USD | 1135 | 10130 |
| GBP / USD | 1054 | 10550 |
| USD / CHF | 907 | 8945 |
| EUR / JPY | 818 | 10435 |
| XAU / USD | 1156 | 207955 |
| TOTAL: 248015 | ||
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