nikitafx
Long

EUR/JPY its support trend lines & resistance lines (Nikita FX )

FX:EURJPY   Euro Fx/Japanese Yen
281 0 0
This is not a prediction technical chart. However this shows how EUR/JPY             is acting
through these two types of trend lines....
Blue line: ascending support line
Blown line: descending support line

Black line: ascending Wolfe line which is working as a resistance line
Pink line : ascending resistance line which is making a parallel channel upper line with Blue line

So What do you think if the Blue line will be broken ?
The answer will be that it will be downward to Blown line. If not broken, it should reach up to the
Black line at least.

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