Eur/Jpy : 12/01/2016 Technical Analysis Report
8th March 2021
Our Preference: Sell Below 128.00 for the target of 126.60 levels.
Alternative Scenario: Nill
Technical Commentary :- In Daily Chart:- EurJpy was trading below the major key support level of horizontal line so we can except on selling side upto next key support levels :- which we have shown in above image.
In 4 Hour Chart and In 1 Hour chart :- EurJpy was broken the equidistant channel line on lower side and now this lower equidistant channel line acting as resistance level broken so we can sell near intraday resistance level and except upto next key support level :- which we have shown in above image.