EURJPY Weekly Analysis (30 March-3 April, 2015) | March 28, 2015

Eurjpy faced resistance at 131.40 and fell from that level. 131.40-131.85 area is good resistance zone for this pair. In h4, this pair formed rejection candle and then this pair started falling. So this is good sell indication on this pair. We can see big bearish candle on daily chart. So this pair can down more if this pair remains this bearish momentum. 130.40 level was good support level. This pair had broken this level and retested this level. Now it has started downward movement again. So we can stay on down side below 130.40 level.


Signal Service: Premium Membership ( Signal Subscription ), real time update, opening and closing notifications via twitter, daily market update with chart analysis, free profitable forex strategy. For premium membership subscription click here

For free forex signals, click here



Weekly Pivot, Support and Resistance

Resistance Two (R2): 132.53

Resistance One (R1): 131.08

Pivot Point: 130.05

Support One (S1): 128.60

Support Two (S2): 127.57