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Eur/Jpy : 04/03/2015 Technical Analysis Report

4th March 2015 CFX Admin

Our Preference: Sell below 133.50 With tight Stop loss of 134.20 for the target of 133.00 & 132.50 levels.
Alternative Scenario: Nill
 
Technical Commentary: In daily chart :- Eur/jpy was trading in the triangle pattern and near lower trend line and now its reached key support level if breaks support line means further it will move to next support level :- We have shown in image.
In 4 hour chart, Eur/Jpy was broken the triangle pattern on lower side, now its trading above the intraday key support if breaks support line means further it will move to next support level.
In 1 hour chart, Eur/Jpy was trading in the intraday triangle pattern and its trading above the intraday key support if breaks support line means further it will move to next support level:- We have shown in image.


Technical Commentary: In daily chart :- Eur/jpy was trading in the triangle pattern and near lower trend line and now its reached key support level if breaks support line means further it will move to next support level :- We have shown in image.



In 1 hour chart, Eur/Jpy was trading in the intraday triangle pattern and its trading above the intraday key support if breaks support line means further it will move to next support level:- We have shown in image.



In 4 hour chart, Eur/Jpy was broken the triangle pattern on lower side, now its trading above the intraday key support if breaks support line means further it will move to next support level.



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