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Eur/Jpy : 02/04/2015 Technical Analysis Report

2nd April 2015 CFX Admin

Our Preference: Buy above 129.00 for the target of 130.00.
Alternative Scenario: Nill
 
Technical Commentary :-In Daily chart :- Eur/Jpy was trading in the long term equidistant channel lines and its trading in the triangle pattern near lower trend line and Eur/Jpy was trading below intraday upper trend line and Eur/Jpy was started to tradeing in the range bound pattern between key resistance and key support levels so today we can buy near key support level and we can except sideways movements :- We have shown in image.
In 4 hour chart Eur/Jpy was trading in the equidistant channel lines and intraday triangle pattern formed and major key support was formed 128.50 levels today If it breaks the key resistance level 129.30 means we can buy above 129.00 levels :- We have shown in image.


Technical Commentary :-In Daily chart :- Eur/Jpy was trading in the long term equidistant channel lines and its trading in the triangle pattern near lower trend line and Eur/Jpy was trading below intraday upper trend line and Eur/Jpy was started to tradeing in the range bound pattern between key resistance and key support levels so today we can buy near key support level and we can except sideways movements :- We have shown in image.



In 4 hour chart Eur/Jpy was trading in the equidistant channel lines and intraday triangle pattern formed and major key support was formed 128.50 levels today If it breaks the key resistance level 129.30 means we can buy above 129.00 levels :- We have shown in image.



In 4 hour chart Eur/Jpy was trading in the equidistant channel lines and intraday triangle pattern formed and major key support was formed 128.50 levels today If it breaks the key resistance level 129.30 means we can buy above 129.00 levels :- We have shown in image.



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