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Eur/Jpy : 11/03/2015 Technical Analysis Report

11th March 2015 CFX Admin

Our Preference: Sell below 132.30 With tight Stop loss of 131.70 for the target of 133.00.
Alternative Scenario: Nill
 
Technical Commentary: In weekly chart & daily chart :- Eur/Jpy was broken the major key support level 131.00 and yesterday its closed on lower side with broken of previous key support low & 132.20 levels and reached last month low :- We have shown in image.
In 4 hour chart & 1 hour chart, Eur/Jpy was trading in the equidistant lines now its reached lower channel line and formed major key resistance line so we can sell near 130.00 and exit near intraday support levels :- We have shown in image.


Technical Commentary: In weekly chart & daily chart :- Eur/Jpy was broken the major key support level 131.00 and yesterday its closed on lower side with broken of previous key support low & 132.20 levels and reached last month low :- We have shown in image.



In 4 hour chart & 1 hour chart, Eur/Jpy was trading in the equidistant lines now its reached lower channel line and formed major key resistance line so we can sell near 130.00 and exit near intraday support levels :- We have shown in image.



In 4 hour chart & 1 hour chart, Eur/Jpy was trading in the equidistant lines now its reached lower channel line and formed major key resistance line so we can sell near 130.00 and exit near intraday support levels :- We have shown in image.



In 4 hour chart & 1 hour chart, Eur/Jpy was trading in the equidistant lines now its reached lower channel line and formed major key resistance line so we can sell near 130.00 and exit near intraday support levels :- We have shown in image.



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