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Eur/Jpy : 03/06/2015 Technical Analysis Report

3rd June 2015 CFX Admin

Our Preference: Buy above 137.00  for the target of 140.00 Levels
Alternative Scenario: Nill
 
Technical Commentary :- In Daily chart :- Yesterday EurJpy was broken the key resistance level 137.00 so we got strong conformation on buying side so we can buy above the support level of 137.00 upto next key resistance levels :- We have shown in image.
 In 4 hour chart:-Eur/Jpy was trading with lower trend line and trading above the key support level.
In 1 hour chart :- EurJpy was trading in the equidistant channel lines and its broken lower key resistance line so we can buy near intraday support levels .


Technical Commentary :- In Daily chart :- Yesterday EurJpy was broken the key resistance level 137.00 so we got strong conformation on buying side so we can buy above the support level of 137.00 upto next key resistance levels :- We have shown in image.



In 4 hour chart:-Eur/Jpy was trading with lower trend line and trading above the key support level.



In 1 hour chart :- EurJpy was trading in the equidistant channel lines and its broken lower key resistance line so we can buy near intraday support levels .



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