Updated the:
05/07/2012
EUR/JPY Technical Analysis comments :

Sentiment :
sentiment
105
sentiment
104.50
sentiment
The pair EUR/JPY is opening the week on a bearish gap and has validated the breakout of 105.50/105/104.50/404, offering all new sell signals.
The pair just found support on 103.50 and is going to test a return above 104.
All indicators are bearish.
We continue to advise short positions as far as 104.50 is resistance.
The breakout of 103.50 will give a new sell signal and open the way towards 103.
In case of return above 104.50, we will wait the breakout of 105 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 :
EUR/JPY
 
Chart of the pair EUR/JPY - Timeframe 4H - Zoom out:
EUR/JPY
EUR/JPY Live Chart - Timeframe : 4h
Chart