Intraday trend: Bearish
Ichimoku analysis (30 Min chart):
Tenkan-Sen level: 148.25
Kijun-Sen level: 148.31
Ichimoku cloud top: 148.63
Ichimoku cloud bottom: 148.97
EUR/JPY has broken short term support 148 and is expected to slight dip till 147.02/146.28 (Nov 25th low).
The pair’s short term resistance is around 148.60 and any break of will target 149.15/ 149.80. The intraday support is around 147.70 and break will take the pair to 147/146.28.
Indicators
Ichimoku (9, 26, 52, 26) - Sell
MACD (12.26.9) – Sell
Recommendation: Sell EUR/JPY around 147.90-95 SL 148.61, Target 147.02/146.28.
Ichimoku analysis (30 Min chart):
Tenkan-Sen level: 148.25
Kijun-Sen level: 148.31
Ichimoku cloud top: 148.63
Ichimoku cloud bottom: 148.97
EUR/JPY has broken short term support 148 and is expected to slight dip till 147.02/146.28 (Nov 25th low).
The pair’s short term resistance is around 148.60 and any break of will target 149.15/ 149.80. The intraday support is around 147.70 and break will take the pair to 147/146.28.
Indicators
Ichimoku (9, 26, 52, 26) - Sell
MACD (12.26.9) – Sell
Recommendation: Sell EUR/JPY around 147.90-95 SL 148.61, Target 147.02/146.28.