Our Preference: Sell Below 133.00 for the target of 131.50
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- EurJpy was trading in the sideways movement and last week its failure to break the October 2017 High of 144.39 and EurJpy was bounced back from previous key resistance level of highs 144.39, now the high acting as major key support level, so its conforming for selling side and we can sell below the key resistance level and except upto next key support level :- which we have shown in attached image.
In Daily Chart :- EurJpy was trading in the sideways movement and last week its failure to break the October 2017 High of 144.39 and EurJpy was bounced back from previous key resistance level of highs 144.39, now the high acting as major key support level, so its conforming for selling side and we can sell below the key resistance level and except upto next 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 | ||
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