Our Preference: Sell Below 129.45 for the target of 128.80 and 128.00
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- EurJpy was trading in the equidistant channel line and its broken lower trend line now lower trend line acting as the key resistance level so we can sell near the key resistance level and except upto next key support level :- which we have shown in attached image.
In 4 Hour Chart :- EurJpy was trading in the intraday triangle pattern and its trading near lower trend line and its trading near key support level of horizontal line so key support level breaks means we except upto on selling side and we can sell near the key resistance level and except upto next key support level :- which we have shown in attached image.
In 1 Hour Chart:- EurJpy was trading in the sideways movement and its trading with lower trend line its trading near key resistance of horizontal line so we can sell near the key resistance level and except upto next key support level :- which we have shown in attached image.
In Daily Chart :- EurJpy was trading in the equidistant channel line and its broken lower trend line now lower trend line acting as the key resistance level so we can sell near the key resistance level and except upto next key support level :- which we have shown in attached image.
In 4 Hour Chart :- EurJpy was trading in the intraday triangle pattern and its trading near lower trend line and its trading near key support level of horizontal line so key support level breaks means we except upto on selling side and we can sell near the key resistance level and except upto next key support level :- which we have shown in attached image.
In 1 Hour Chart:- EurJpy was trading in the sideways movement and its trading with lower trend line its trading near key resistance of horizontal line so we can sell near the key resistance level and except upto next 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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