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| Technical Outlook For Eur-Jpy |
Technical Outlook For Eur-Jpy
Eur-Jpy pair moved yesterday in the average price movement of 107 Pips; it recorded the highest level at 135.78 and the lowest at 134.71 and closed at 135.08 to Gain 10 pip during yesterday’s trading.
Eur-Jpy pair opened today at 135.08 oscillatory between the 135.00 and the 135.35 during the Asian session in a trading average of 35 pips for the limitation of the market liquidity.
Eur-Jpy pair opened today at 135.08 oscillatory between the 135.00 and the 135.35 during the Asian session in a trading average of 35 pips for the limitation of the market liquidity.
Eur-Jpy pair is moving in a series of down impulse waves below the trend line.
It is expected that the pair eur-jpy will reach the targeted level at 134.40 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: down
Support levels: 134.60 and 134.12 and 133.53
Resistance levels: 135.67 and 136.26 and 136.74
More Technical Outlook FxStations
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