|EUR/JPY Technical Analysis comments :|
|The pair EUR/JPY made yesterday a pullback on 106 as resistance.|
In extension, the pair has reached the fibonacci retracement 23.60% at 106.17 but is currently falling below 105.50.
All indicators are bearish.
The pair continues to move below a bearish slant (purple line).
We continue to advise short positions as far as 106.50 is resistance.
The breakout of 105.50 will give a new sell signal and open the way towards 105.
In case of return above 106.50, we will wait the breakout of 107 to advise long positions.
|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|