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USDJPY & EURJPY Technical Analysis

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Daily technical analysis based trade tips and ideas for forex USDJPY & EURJPY. Our report outlines clear and precise trade entry levels with profit targets and stop loss levels across a broad range of prices for the intraday. To gain an edge in the markets, successful professional traders need a daily trading plan and must be aware of important support and resistance levels. We ensure you are fully prepared to maximise profitable trading opportunities throughout each day, minimising your risk, maximising your profits and taking away the element of gambling.

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EURJPY topped just 15 pips above the 100 day moving average at 126.55.
Today's Analysis
19 March 2019 Updated at 00:04am GMT
USDJPY first support at 111.20/10 but a break below 111.00 targets 110.80/75 then 110.50.
Minor resistance at 111.50/55 & 111.80/85 before strong resistance at the high at 112.10/20. Try shorts with stops above 112.40.

EURJPY resistance at the 100 day moving average at 126.55 with 4 month trend line resistance dipping to 126.80/85 this week. A break higher tests important 200 week moving average resistance at 127.13/18. A lot for bulls to tackle.
First support at 126.15/05 but below 125.90 targets 125.70/60 then 125.30/20.
Technical Analysis USDJPY _ EURJPY