|EUR/JPY Technical Analysis comments :|
|The pair EUR/JPY is still moving above the lower band of its medium term bearish channel (purple lines).|
The pair has faked yesterday the breakout of 100 and is currently falling below this level.
Indicators are globaly bullish.
We are neutral between 99 and 100.
We advise to wait an exit of this range to take position:
- Long above 100. The breakout of 101 will give a new buy signal
- Short below 99. The breakout of 98 will give a new sell signal.
|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