Technical analysis EURJPY 18 July

17 July 2014, 22:33
Dian Kemala
0
182

Downtrend will tested at double bottom and fibonacci support level. Euro fundamental still in bad result, and MH17Plane Crash on ukraine border make this level easy to break.

 

At 4 hour chart,, strong channel down still perform,. and if there some rejection from fibonacci support or double bottom, the best short position will be at ABCD pattern, as long as upper trendline of channel pattern not break.
 

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