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Eur/Jpy : 09/12/2015 Technical Analysis Report

9th December 2015 CFX Admin

Our Preference: Buy Above 133.50 for the target of 134.50 levels.
Alternative Scenario: Sell Below 134.60 for the target of 133.00 levels
 
Technical Commentary :- In Daily Chart :- EurJpy was trading with upper trend line and now its trading above the key support level of horizontal line so today we can except on buying side from key support levels upto next key resistance and upper trend line :- We have shown in above image.
In 4 Hour Chart :- EurJpy was trading in the equidistant channel lines and trading near upper trend line so we can except selling side from upper channel line  :- We have shown in above image.
In 1 Hour chart :- EurJpy was trading with upper trend line and now its trading near key support level so we can buy near support level of horizontal line and except upto upper trend line  :- We have shown in above image.


Technical Commentary :- In Daily Chart :- EurJpy was trading with upper trend line and now its trading above the key support level of horizontal line so today we can except on buying side from key support levels upto next key resistance and upper trend line :- We have shown in above image.



In 4 Hour Chart :- EurJpy was trading in the equidistant channel lines and trading near upper trend line so we can except selling side from upper channel line :- We have shown in above image.



In 1 Hour chart :- EurJpy was trading with upper trend line and now its trading near key support level so we can buy near support level of horizontal line and except upto upper trend line :- We have shown in above image.



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