EURJPY Is Bullish | Free Forex Signals | Currency Trading

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Today we are sharing EURJPY Currency Trading Signals

SUMMARY:

The overall trend of EURJPY is bullish on charts and from past few trading sessions prices are consolidating with strong positive bias to give break out at upside. In its hourly chart, prices are facing an important resistance at the level of 135.50. 30 and 200 DMA are also supporting the upcoming bullish trend in the pair. If it breaks the resistance level of 135.55 at upside then we can expect it to test the level of 136/136.40.

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EURJPY ( Hourly )

EURJPY Chart Today

INDICATORS:

RSI is sustaining in buying territory supporting the upcoming bullish trend in the pair. 
MACD is also sustaining in buying territory indicating the bullish trend in the pair.

STRATEGY: 

EURJPY has bounced back from the lower level & looking bullish on charts for next few session. One can go for buy on dips strategy for this pair for intra day to mid term positions.

PIVOT POINTS :

	S3	S2	S1	PIVOT	R1	R2	R3
EUR/USD	1.1061	1.1131	1.1244	1.1314	1.1427	1.1497	1.1610
GBP/USD	1.5521	1.5576	1.5660	1.5715	1.5799	1.5854	1.5938
USD/JPY	117.81	118.41	118.79	119.39	119.77	120.37	120.75
USD/CHF	0.8959	0.9054	0.9111	0.9206	0.9263	0.9358	0.9415
AUD/USD	0.7827	0.7889	0.8001	0.8063	0.8175	0.8237	0.8349
EUR/GBP	0.7034	0.7077	0.7145	0.7188	0.7256	0.7299	0.7367
USD/CAD	1.1808	1.1867	1.1912	1.1971	1.2016	1.2075	1.2120
NZD/USD	0.7170	0.7242	0.7363	0.7435	0.7556	0.7628	0.7749

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