CentreForex
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Eur/Jpy : 14/06/2016 Technical Analysis Report From Centreforex
Our Preference: Sell Below 119.90 for the target of 118.80 levels
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- EurJpy was trading below the upper trend line and its
broken last week and last month low and its trading below the major key support levels and its
trading below the short term upper trend line so today we can sell below the key resistance of
upper trend line and except upto next key support level :- which we have shown in attached
image.
In 4 Hour Chart :- EurJpy was trading in the equidistant channel lines and its trading below the
intraday upper trend line so today we can sell below the key resistance of upper trend line and
except upto next key support level :- which we have shown in attached image.
In 1 Hour Chart :- EurJpy was trading in the triangle pattern if lower trend line broken means we
will except further sell off so today we can sell near key resistance levels and except upto next
key support level :- which we have shown in attached image.
Our Preference: Sell Below 119.90 for the target of 118.80 levels
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- EurJpy was trading below the upper trend line and its
broken last week and last month low and its trading below the major key support levels and its
trading below the short term upper trend line so today we can sell below the key resistance of
upper trend line and except upto next key support level :- which we have shown in attached
image.
In 4 Hour Chart :- EurJpy was trading in the equidistant channel lines and its trading below the
intraday upper trend line so today we can sell below the key resistance of upper trend line and
except upto next key support level :- which we have shown in attached image.
In 1 Hour Chart :- EurJpy was trading in the triangle pattern if lower trend line broken means we
will except further sell off so today we can sell near key resistance levels and except upto next
key support level :- which we have shown in attached image.
