|EUR/JPY Technical Analysis comments :|
|The pair continues to move on the lower band of its bearish slant (purple line).|
The pair broke yesterday the support at 103, giving us a new sell signal.
All indicators are bearish.
We continue to advise short positions as far as 104 is resistance.
The breakout of 102 will give a new sell signal and open the way towards 101.
In case of return above 104, we will wait the breakout of 104.45 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|