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Forex Market Daily Technical Analysis of EUR/JPY

Daily Pivot Point of EUR/JPY Chart in 30M Time Frame is: 158.48 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 158.48 with first target at 157.20 and second target at 156.85 in extension as take profits.
forex-technical-analisys-pivot-points-chart-EURJPY-2024-12-09-8a1fa.gif

Forex Daily Pivot Points and Market Situation:

Daily Pivot Point of EUR/JPY Sybmol in 30M Time Frame Chart is: 158.48 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: 159.42
  • Resistance Level 2: 159.07
  • Resistance Level 1: 158.48

Technical analysis of EUR/JPY: Support Lines of Day in 30M Time Frame:

  • Support Level 1: 157.20
  • Support Level 2: 156.85
  • Support Level 3: 156.50

Forex Trading Signals:

Our Preferred Senario is Short Positions (Sell) under 158.48 with first target at 157.20 and second target at 156.85 in extension as take profits.

If the market moves in the opposite direction, Alternative Senario is Long Positions (Buy) above 158.48 with first target at 159.07 and second target at 159.42 in extension as take profits

Support and Resistance Levels and Pivot Points in Chart of EUR/JPY

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