Pivot
Points
Today's
Chart: EUR/JPY ( HOURLY)
SUMMARY:
The primary trend of EUR/JPY is pessimistic, but from last 2-3 trading sessions it's not sustaining at lower levels. The combine is consolidating close to the vital level of 137.05 with a positive bias. For nowadays if it breaks the amount of 137.05 we can see up to the levels of 137.50/137.90 in todays's session. In its hourly chart costs area unit taking support from thirty SMA & will return up for testing two hundred SMA , RSI is additionally sustaining in shopping for teritory supporting a similar.
STRATERGY :-
The primary trend of EUR/JPY is pessimistic, but from last 2-3 trading sessions it's not sustaining at lower levels. The combine is consolidating close to the vital level of 137.05 with a positive bias. For nowadays if it breaks the amount of 137.05 we can see up to the levels of 137.50/137.90 in todays's session. In its hourly chart costs area unit taking support from thirty SMA & will return up for testing two hundred SMA , RSI is additionally sustaining in shopping for teritory supporting a similar.
STRATERGY :-
EUR/JPY is predicted to point out upper side movement nowadays. The combine is trying sturdy on charts for next few session. One will opt for obtain on dips strategy for this combine for intra day to middle term positions.
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