|EUR/JPY Technical Analysis comments :|
|The pair EUR/JPY found support yesterday on 103.50 to made a pullback on 104.50.|
The pair is currently moving towards 104 and is still moving below a bearish slant (purple line).
All indicators are still bearish.
We continue to advise short positions as far as 104.50 is resistance.
A return below 104 will comfort our bearish feeling.
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 :|
|Chart of the pair EUR/JPY - Timeframe 4H - Zoom out:|
|EUR/JPY Live Chart - Timeframe : 4h|