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Thread: EUR/JPY S and R

  1. #1
    bullish trend is offline Newbie
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    Default EUR/JPY S and R

    Hi guys,
    I would appriciate if someone could post some important support and resistance levels.
    Thanks in advance

  2. #2
    Thalia's Avatar
    Thalia is offline Newbie
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    Immediate upper s&r is in close proximity to the current price. 102.0 to 102.50 was support during September & November 2011. It then acted as zonal resistance in December & January.

    To the immediate downside s&r blankets the 98.70 to 99.20 area which provided two-way price action during January.
    In between those barriers you would also be advised to note the previous weekly high, low levels as they are usually noted as possible turning points by market observers.


  3. #3
    bullish trend is offline Newbie
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    Thanks for reply Thalia. I will apply this to my sytem and hope it will help You can check it out in free forex trading systems section

  4. #4
    Elliotjohn is offline Newbie
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    How you can take action regarding on this graph? I like to know the tactics beyond this S and R... guide me!

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