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Forex Discussions
Technical Analysis
Daily Technical Analysis Report From CentreForex
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[QUOTE="Centreforex, post: 95375, member: 36276"] [B]Eur/Jpy : 14/01/2015 Technical Analysis Report From CentreForex[/B] [B]Our Preference:[/B] Sell Below 129.70 for the target of 126.10 levels. [B]Alternative Scenario:[/B] Nill [B]Technical Commentary :- In Daily Chart:- [/B]EurJpy was trading below the major key support level of horizontal line so we can except on selling side we can sell near resistance level upto previous key support levels :- which we have shown in above image. [IMG]https://charts.mql5.com/9/880/eurjpy-d1-fxpro-financial-services.png[/IMG] [B]In 4 Hour Chart and 1 Hour Chart :- [/B]Eur Jpy was trading in the triangle pattern now it was trading near lower trend line if lower trend line breaks means we can except on selling zone other wise again we will get maojre resistance level so today we sell near major resistance level of horizontal line and except upto next key support level :- which we have shown in above image. [IMG]https://charts.mql5.com/9/880/eurjpy-h4-fxpro-financial-services.png[/IMG] [IMG]https://charts.mql5.com/9/880/eurjpy-h1-fxpro-financial-services.png[/IMG] [/QUOTE]
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