Forex Daily Pivot Points and Market Situation:
Daily Pivot Point of EUR/JPY Sybmol in 30M Time Frame Chart is: 161.06 and Preferred situation is Bearish.
Forex Daily Support and Resistance Lines:
Technical analysis of EUR/JPY: Resistance Lines of Day in 30M Time Frame:
- Resistance Level 3: 161.90
- Resistance Level 2: 161.59
- Resistance Level 1: 161.06
Technical analysis of EUR/JPY: Support Lines of Day in 30M Time Frame:
- Support Level 1: 159.93
- Support Level 2: 159.61
- Support Level 3: 159.30
Forex Trading Signals:
Our Preferred Senario is Short Positions (Sell) under 161.06 with first target at 159.93 and second target at 159.61 in extension as take profits.
If the market moves in the opposite direction, Alternative Senario is Long Positions (Buy) above 161.06 with first target at 161.59 and second target at 161.90 in extension as take profits