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EURJPY Weekly Technical Analysis | December 28, 2014



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EURJPY faced resistance at 147.00-147.20 area. A spinning top was formed on that resistance level. A bearish candle was formed after spninng top. So it gives bearish signal on this pair. We can take sell on this pair and target will be 145.30-145.50 area.



Weekly Pivot, Support and Resistance


Resistance Two (R2): 147.76

Resistance One (R1): 147.16

Pivot Point: 146.54

Support One (S1): 145.94

Support Two (S2): 145.32


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