EURO vs JAPANESE YEN (EUR/JPY) TECHNICAL ANALYSIS

EUR/JPY

1- We are Bearish in EUR/JPY in January, February and March 2020.

2- TrendLine Resistance Ahead i.e. 122.50 (Very Strong Resistance)

3- 200 DMA Resistance Level meets with Trend Line Resistance near this level.

4- Bearish Engulfing Pattern on weekly chart i.e. last week Candle.

OUR OPINION / TRADE:

We are short from 121.80 with mid term target 115.50 and stop loss 124.50
(Not a Financial Advice)

Detailed Analysis published on Company's official website.
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