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Forex Discussions
Technical Analysis
Daily Technical Analysis Report From CentreForex
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[QUOTE="Centreforex, post: 94576, member: 36276"] [B]Eur/Jpy : 29/12/2015 Technical Analysis Report From CentreForex[/B] [B]Our Preference:[/B] Buy Above 132.00 for the target of 133.00 levels. [B]Alternative Scenario:[/B] Nill [B]Technical Commentary :- In Daily Chart and 4 Hour Chart :- [/B]EurJpy was trading in the triangle pattern and it was trading neat lower trend line so we can buy near lower trend line so today we can except on buying side from key support level :- We have shown in above image. [IMG]https://charts.mql5.com/9/752/eurjpy-d1-fxpro-financial-services.png[/IMG] [IMG]https://charts.mql5.com/9/752/eurjpy-h4-fxpro-financial-services.png[/IMG] [B]In 1 Hour chart :- [/B]EurJpy was trading in the equidistant channel line and its was trading with intraday lower trend line so we can except on buying side from support level to next key resistance level :- We have shown in above image. [IMG]https://charts.mql5.com/9/752/eurjpy-h1-fxpro-financial-services.png[/IMG] [/QUOTE]
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