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EURJPY Technical Analysis (12-16 January 2015) | January 10, 2015



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EURJPY has fallen rapidly last week. This pair is near to its physiological zone at 140 area. This can be important area for this pair. This level will act as potential support level. Price rejected many times from this resistance before. So this will be potential support area. This level can be used as good buy zone. We can buy if any bullish candle forms in this level.



Weekly Pivot, Support and Resistance


Resistance Two (R2): 145.55

Resistance One (R1): 142.94

Pivot Point: 141.55

Support One (S1): 138.94

Support Two (S2): 137.55


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