|EUR/JPY Technical Analysis comments :|
|The pair EUR/JPY found resistance last friday on the fibonacci retracement 38.20% at 107.12.|
The pair is currently testing the fibonacci retracement 23.60% at 106.17.
Indicators are globaly bearish.
We are neutral on the pair between 106 and 107.
We advise to wait an exit of this range to take position:
- Long above 107. The breakout of 107.50 and 108 will both give a new buy signal
- Short below 106. The breakout of 105.50 and 105 will both gvie a new sell signal.
|Complete sheet of the pair EUR/JPY - Previous EUR/JPY Analysis|
|Chart of the pair EUR/JPY - Timeframe 4H - Zoom in :|
|Chart of the pair EUR/JPY - Timeframe 4H - Zoom out:|
|EUR/JPY Live Chart - Timeframe : 4h|