Forex Technical Analysis of EURJPY for January 18 (updated) ~ best forex trading platform nz
Support - S1 : 127.601 | S2 : 127.413 | S3 : 127.248
Resistance - R1 : 127.954 | R2 : 128.119 | R3 : 128.307
Main Trend - Bearish
Intraday Trend - Bearish
On 4H chart of forex technical analysis for the exchange rate EURJPY, we can realize that the price proceeds in a sideway move and the result was to form a triangular formation. The price return into the lower channel of Andrew's Pitchfork and is moving below EMA(50) and a few pips outside of the triangular formation. EMA(50) and EMA(200) have a steep downward cross between them.
Considering all the details from the charts of forex technical analysis we can detect all critical levels and trading targets for H1 and H4 timeframes:
Read more »Resistance - R1 : 127.954 | R2 : 128.119 | R3 : 128.307
Main Trend - Bearish
Intraday Trend - Bearish
On 4H chart of forex technical analysis for the exchange rate EURJPY, we can realize that the price proceeds in a sideway move and the result was to form a triangular formation. The price return into the lower channel of Andrew's Pitchfork and is moving below EMA(50) and a few pips outside of the triangular formation. EMA(50) and EMA(200) have a steep downward cross between them.
Considering all the details from the charts of forex technical analysis we can detect all critical levels and trading targets for H1 and H4 timeframes:
More info for Forex Technical Analysis of EURJPY for January 18 (updated) ~ best forex trading platform nz:
