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Eur/Jpy : 19/03/2015 Technical Analysis Report

19th March 2015 CFX Admin

Our Preference: Buy Above 128.80 for the target of 130.00.
Alternative Scenario: Nill
 
Technical Commentary: In Daily chart :- Eur/Jpy was broken the upper trend line and key resistance line 129.20 and reached major key resistance level 130.00 & 131.20, so we can buy near key support level :- We have shown in image.
In 4 hour chart & 1 hour chart, Eur/Jpy was broken the equidistant channel lines on upper side and its broken the major key resistance level so we can buy near intraday support level 128.80 & 128.40 levels : - We have shown in image.


Technical Commentary: In Daily chart :- Eur/Jpy was broken the upper trend line and key resistance line 129.20 and reached major key resistance level 130.00 & 131.20, so we can buy near key support level :- We have shown in image.



In 4 hour chart & 1 hour chart, Eur/Jpy was broken the equidistant channel lines on upper side and its broken the major key resistance level so we can buy near intraday support level 128.80 & 128.40 levels : - We have shown in image.



In 4 hour chart & 1 hour chart, Eur/Jpy was broken the equidistant channel lines on upper side and its broken the major key resistance level so we can buy near intraday support level 128.80 & 128.40 levels : - We have shown in image.



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