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| EUR/JPY |
SUMMARY :
The major trend of currency pair EUR/JPY is bearish, prices are successfully
sustaining at the lower levels & looking weak for the upcoming
sessions. The pair is consolidating with strong negative bias to give
a breakout at downside. Prices are also taking support at the
important level of 131.35 Today if the pair breaks 131.35 &
managed to sustain below it, then we can expect it to continue its
ongoing trend & test the level of 131.00 in today's session.
RSI
is also sustaining in selling territory supporting downside movement
in the pair.
STRATEGY :-
EUR/JPY
is looking further bearish on charts. One can go for sell on higher
level strategy for this pair for intra day to mid term positions.
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| Technical Chart |
