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EUR/JPY Intraday: capped by a negative trend line - Forex Inventory

  • Writer: Charles David
    Charles David
  • Apr 17, 2017
  • 1 min read


Pivot: 115.40 Our preference: short positions below 115.40 with targets at 114.55 & 114.10 in extension. Alternative scenario: above 115.40 look for further upside with 115.70 & 116.00 as targets. Comment: as long as the resistance at 115.40 is not surpassed, the risk of the break below 114.55 remains high. Supports and resistances: 116.00 ** 115.70 * 115.40 *** 115.10 Last 114.55 ** 114.10 * 113.70 ** 


 
 
 

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