Our Preference: Sell Below 134.40 for the target of 132.40
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- EurJpy was testing the key resistance of high , now its testing the high of 4th time and eurjpy was trading in the sideways movement between key resistance level and key support level, now its trading below the key resistance level of high and yesterday we got closing on lower side, so its conforming for selling side and we can sell below the key resistance level and except upto next key support level :- which we have shown in attached image.
In Daily Chart :- EurJpy was testing the key resistance of high , now its testing the high of 4th time and eurjpy was trading in the sideways movement between key resistance level and key support level, now its trading below the key resistance level of high and yesterday we got closing on lower side, so its conforming for selling side and we can sell below 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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