EURJPY Weekly Technical Analysis (6-10 July, 2015) | July 4, 2015

After filling the opening gap, this pair has found support at 135.90 area. We can see triangle on the chart. So with the breakout of this triangle we can clear trend on this pair. On Monday, we can see huge gap on this pair due to greece issue. So next week, we need to be careful for trading on this pair. Without confirmation, we should take take entry. 138 level will act as good resistance on this pair. Another resistance lies on 140.50 area. So from this level, we can try to find sell entry.


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Weekly Pivot, Support and Resistance

Resistance Two (R2): 140.4

Resistance One (R1): 138.34

Pivot Point: 136.05

Support One (S1): 133.99

Support Two (S2): 131.7