EUR/JPY analysis of the week (4h candlesticks)

  @ibtimes on

The parity EUR/JPY just tested a break out of its resistance at 134. 133 seems to act as support. As far as the price is above this level, we maintain to trade only long positions. A break out of 134 will offer a new buy signal. If 133 is broken, the price should pursuit its bearish movement towards 132 but between 132 and 133 we stay neutral on the parity.

Join the Discussion
Nintendo's Newest Kirby Game Is A Total Detour
Nintendo's Newest Kirby Game Is A Total Detour
Fitbit's First Activity Watch Falls Short
Fitbit's First Activity Watch Falls Short
Dying Light Is The Spiritual Successor To 'Dead Island'
Dying Light Is The Spiritual Successor To 'Dead Island'
The Last Mitsubishi Evolution
The Last Mitsubishi Evolution
The i8 Is Proof BMW Should Make More Mid-Engined Cars
The i8 Is Proof BMW Should Make More Mid-Engined Cars
QD Vision Shows Off Cheap 4K TVs
QD Vision Shows Off Cheap 4K TVs

More Video