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Eur/Jpy : 04/05/2015 Technical Analysis Report

4th May 2015 CFX Admin

Our Preference: Buy Above 133.20 for the target of 133 and 134 Levels
Alternative Scenario: Nill
 
Technical Commentary :- In weekly Chart :- EurJpy was broken key resistance level of 131.50 and last week its was closed on higher side, In Daily chart :- EurJpy was broken the equidistant channel lines on upper side and the pair broken the key resistance level so further we can except on higher side :- We have shown in image.
In 4 hour chart :-Eur/Jpy was trading in the equidistant channel lines so we can buy near lower channel line 133.20 levels, In 1 hour chart : - Eur/Jpy was moving with lower trend line and trading above the key support level so we can buy near 133.20 levels :- We have shown in image.


Technical Commentary :- In weekly Chart :- EurJpy was broken key resistance level of 131.50 and last week its was closed on higher side, In Daily chart :- EurJpy was broken the equidistant channel lines on upper side and the pair broken the key resistance level so further we can except on higher side :- We have shown in image.



In 4 hour chart :-Eur/Jpy was trading in the equidistant channel lines so we can buy near lower channel line 133.20 levels, In 1 hour chart : - Eur/Jpy was moving with lower trend line and trading above the key support level so we can buy near 133.20 levels :- We have shown in image.



In 4 hour chart :-Eur/Jpy was trading in the equidistant channel lines so we can buy near lower channel line 133.20 levels, In 1 hour chart : - Eur/Jpy was moving with lower trend line and trading above the key support level so we can buy near 133.20 levels :- We have shown in image.



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