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| Technical Outlook For Eur-Jpy 26-8-2015 |
Technical Outlook For Eur-Jpy
Eur/Jpy pair moved yesterday in the average price movement of 214 Pips; it recorded the highest level at 138.60 and the lowest at 136.47 and closed at 136.88 to Lose 68 pips during yesterday’s trading.
The pair opened today at 136.88 oscillatory between the 136.80 and the 137.40 during the Asian session in a trading average of 60 pips and the pair went up to 137.56
The pair is moving in a series of up impulse waves inside the triangle.
It is expected that the pair eur/jpy will reach the targeted level at 136.60 in the next few hours.
The Relative Strength Indicator "RSI" reveals that the distribution operations at the market and the control of Bears on the market.
Medium term trend: up
Support levels: 136.03 and 135.18 and 133.90
More Technical Outlook Fx_stations
The pair opened today at 136.88 oscillatory between the 136.80 and the 137.40 during the Asian session in a trading average of 60 pips and the pair went up to 137.56
The pair is moving in a series of up impulse waves inside the triangle.
It is expected that the pair eur/jpy will reach the targeted level at 136.60 in the next few hours.
The Relative Strength Indicator "RSI" reveals that the distribution operations at the market and the control of Bears on the market.
Medium term trend: up
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