Sunday 1 November 2015

Forex Technical Analysis of EURJPY for November 02, 2015

Support - S1 : 132.125 | S2 : 131.576 | S3 : 130.943
Resistance - R1 : 133.307 | R2 : 133.940 | R3 : 134.489
Main Trend - Bearish
Intraday Trend - Bullish

On H4 chart of forex technical analysis, you can observe that the price remains with downward momentum. EMA(50) and EMA(200) have downward crossed between them.

Considering all the details from the charts of forex technical analysis we can detect all critical levels and trading targets for H1 and H4 timeframes:

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