FxWirePro
Short

EUR/JPY breaks below 100-DMA, good to short rallies

FX:EURJPY   Euro Fx/Japanese Yen
192 0 7
EUR/JPY             has broken below major moving averages and is trading with a bearish bias.

Momentum has turned bearish , RSI has slipped below 50 level and Stochs have turned lower from overbought levels.

The pair has broken below 100, 50 & 20 DMAs at 114.46, 114.34 and 114.32 respectively.

Major support levels - 113.81 (Sept 7 low), 113, 112.61 ( Oct             21 low), 112 (channel base)

Major resistance levels - 114.32 (20-DMA), 114.46 (100-DMA), 114.76 (session high)

Good to go short on rallies around 114.40/55, SL: 115, TP: 114/ 113.80/ 113/ 112.60
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out