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Eur/Jpy : 16/03/2015 Technical Analysis Report

16th March 2016 CFX Admin

Our Preference: Sell below 127.80 for the target of 126.50.
Alternative Scenario: Nill
 
Technical Commentary: In Daily chart :- Eur/Jpy was trading below last year low and its formed major key resistance of upper trend line and key resistance of horizontal line :- We have shown in image.
In 4 hour chart & 1 hour chart, Eur/Jpy was trading in the new equidistant lines, near key resistance level so we can sell major key resistance line: - We have shown in image.


Technical Commentary: In Daily chart :- Eur/Jpy was trading below last year low and its formed major key resistance of upper trend line and key resistance of horizontal line :- We have shown in image.



In 4 hour chart & 1 hour chart, Eur/Jpy was trading in the new equidistant lines, near key resistance level so we can sell major key resistance line: - We have shown in image.



In 4 hour chart & 1 hour chart, Eur/Jpy was trading in the new equidistant lines, near key resistance level so we can sell major key resistance line: - We have shown in image.



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