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Selasa, 15 Desember 2015

Technical analysis of EUR/JPY for December 15, 2015



General overview for 15/12/2015 07:40 CET


As anticipated yesterday, the price went up just to hit the intraday resistance at the level of 133.33 and after that it was capped. The resistance level is still key one, and in case of any breakout to the upside, highs of the recent post-ECB range will be tested.


Support/Resistance:


134.74 – WR2


134.57 – Swing High


133.62 – WR1


133.33 – Intraday Resistance


133.11 – Weekly Pivot


132.48 – Intraday Support


132.12 – 50%Fibo


Trading recommendations:


Day traders should consider placing sell orders only from the level of 133.33 with tight SL and TP at the level of 132.47 and 132.12.



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Performed by Sebastian Seliga, Analytical expert
InstaForex Group © 2007-2015







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