Updated the:
05/17/2012
EUR/JPY Technical Analysis comments :

Sentiment :
sentiment
104.45
sentiment
103.67
sentiment
The pair continues to move on the lower band of its bearish slant (purple line).
The pair is still testing the support at 102.
All indicators are  bearish.
We continue to advise short positions as far as 103.67 is resistance.
The breakout of 102 will give a new sell signal and open the way towards 101.
In case of return above 103.67, 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 :
EUR/JPY
 
Chart of the pair EUR/JPY - Timeframe 4H - Zoom out:
EUR/JPY
EUR/JPY Live Chart - Timeframe : 4h
Chart