empty
 
 
22.02.2013 01:34 PM
EUR/JPY tests trendline support just below 123.00; flat for now

This image is no longer relevant

Technical outlook and chart setups:

Having booked partial profits, the remaining longs were stopped out yesterday at 123.00. As depicted in the daily chart, the currency pair is just testing the inner support line. A push through 123.75 is required now to reconfirm further upward movement of prices. It is recommended to remain flat for now before we get further clarity after today's price action. The 121.00 level is immediate support now, while resistance is just below 123.75 on smaller timeframes. A clear break down of the above trendline would open doors for further downside.

Trading recommendations:

Flat for now, biased towards the long side in case the trendline remains intact.

Good Luck!

Ringkasan
Urgensi
Analitik
InstaForex Analyst
Mulai berdagang
Dapatkan keuntungan dari perubahan nilai mata uang kripto dengan InstaForex.
Unduh MetaTrader 4 dan buka perdagangan pertama Anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    GABUNG KONTES
  • Chancy Deposit
    Isi akun Anda sebesar $3000 dan dapatkan $10000 lebih banyak!
    Pada Januari kami mengundi $10000 dalam promo Chancy Deposit!
    Dapatkan kesempatan untuk menang dengan melakukan deposit sebesar $3000 pada akun trading Anda. Setelah memenuhi persyaratan ini, Anda telah menjadi partisipan promo.
    GABUNG KONTES
  • Trade Wise, Win Device
    Top up akun anda dengan dana minimal $500, daftar kontes, dan dapatkan peluang untuk memenangkan perangkat seluler.
    GABUNG KONTES
  • 30% Bonus
    Raih bonus 30% setiap kali anda top up
    DAPATKAN BONUS

Artikel yang direkomendasikan

Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.
Widget callback