Eur/Jpy : 03/09/2015 Technical Analysis Report From CentreForex
Our Preference: Buy above 135.00 for the target of 136.50 Levels
Alternative Scenario: Nill
Technical Commentary :- In Daily chart :- EurJpy was trading above the new lower trend line and trading near key support we can except on buying side :- We have shown in image.
In 4 hour chart:-Eur/Jpy was trading in the equidistance channel lines and trading near upper channel lines, if it breaks upper channel lines means we can except on buying side:- We have shown in above image.
In 1 hour chart :- EurJpy was trading in the triangle pattern and trading above intraday key support level, so we can except on buying side upto next resistance level.