Technical Commentary: In Daily Chart :- EurJpy was trading in the equidistant channel lines and last 10 days its was trading below the key resistance level of horizontal lineand its was trading in the range bound pattern, yesterday its closed on lower side bearish candle so we can sell below the key resistance level of horizontal and we can except upto next major key support level :- which we have shown in attached image.
In 4 Hour Chart and 1 Hour Chart :- EurJpy was broken the triangle pattern on lower side and and new upper trend line was formed as key resistance so we can sell below the key resistance level of horizontal and we can except upto next major key support level :- which we have shown in attached image.
In 1 Hour Chart :- EurJpy was trading in the triangle pattern and its trading below the key resistance level of horizontal line now its trading near the upper trend line so we can sell below the key resistance level of upper trend line and we can except upto next major key support level :- which we have shown in attached image.
| PIPS COUNTER - SINCE JANUARY 2013 | ||
| Total Trades | Total Pips | |
| EUR / USD | 1135 | 10130 |
| GBP / USD | 1054 | 10550 |
| USD / CHF | 907 | 8945 |
| EUR / JPY | 818 | 10435 |
| XAU / USD | 1156 | 207955 |
| TOTAL: 248015 | ||
We are here to help you
