Euro vs Japanese Yen D1 Live Forex Chart
EURJPY,D1 Chart By targetpointfx
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targetpointfx
Dec 22, 2012 at 15:03
On the short term,The pair has topped.The multiple doji on the Daily chart confirms it.SHORT EURJPY TP1: 109.50 TP2:108.50 TP3:107.50 TP4:106.50
A dragonfly doji on the weekly chart confirms the uptrend is fading.the triple top resistance is a barrier against further rise in this pair.I'm shorting aiming for 108.50 as primary target then the middle of my channel around 107.50/106.50,my eyes are set on the base of thechannel for long term target at 101.00.This is a gartley bearish pattern forming n the weekly chart so this pair holds lots of promise if you seek for lots of pips....
A dragonfly doji on the weekly chart confirms the uptrend is fading.the triple top resistance is a barrier against further rise in this pair.I'm shorting aiming for 108.50 as primary target then the middle of my channel around 107.50/106.50,my eyes are set on the base of thechannel for long term target at 101.00.This is a gartley bearish pattern forming n the weekly chart so this pair holds lots of promise if you seek for lots of pips....
