FxWirePro
Short

EUR/JPY forms bearish divergence in daily chart,targets 135.25

FX:EURJPY   Euro Fx/Japanese Yen
286 1 5
EUR/JPY             has broken short term support 138 and is trading well above that level.In daily chart CCI (50) has formed bearish divergence which confirms short term weakness ,a decline till 135.20 cannot be ruled out.

Further bullishness can be seen only above 139.35 and break above would extend gains till 140.76.

It is good to sell on rallies around 138.50-55 with SL around 139.35 for TP of 136/135.25
no divergence on RSI
Reply
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out