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EURJPY Vulnerable Towards The 116.11 Level

Discussion in 'Analisa Teknikal' started by FXTechstrategy, Apr 17, 2020.

  1. FXTechstrategy

    FXTechstrategy
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    EURJPY continues to face downside pressure as it looks to weaken further towards its key support at 116.11 level. On the downside, support comes in at the 116.50 level where a break if seen will aim at the 116.00 level. A cut through here will turn focus to the 115.50 level and possibly lower towards the 115.00 level. On the upside, resistance resides at the 117.50 level. Further out, we envisage a possible move towards the 118.00 level. Further out, resistance resides at the 118.50 level with a turn above here aiming at the 119.00 level. On the whole, EURJPY continues to retain its downside pressure.e way for a move towards the 1.0750 level. All in all, EURUSD looks for more upside pressure on correction.

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  2. FXTechstrategy

    FXTechstrategy
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    EURJPY Vulnerable Towards The 116.11 Level


    EURJPY continues to face downside pressure as it looks to weaken further towards its key support at 116.11 level. On the downside, support comes in at the 116.50 level where a break if seen will aim at the 116.00 level. A cut through here will turn focus to the 115.50 level and possibly lower towards the 115.00 level. On the upside, resistance resides at the 117.50 level. Further out, we envisage a possible move towards the 118.00 level. Further out, resistance resides at the 118.50 level with a turn above here aiming at the 119.00 level. On the whole, EURJPY continues to retain its downside pressure.e way for a move towards the 1.0750 level. All in all, EURUSD looks for more upside pressure on correction.

    [​IMG]
     

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