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FX.co ★ The daily review of the currency pair EUR / JPY for April 25, 2018. Ichimoku Indicator

The daily review of the currency pair EUR / JPY for April 25, 2018. Ichimoku Indicator

EUR / JPY

The daily review of the currency pair EUR / JPY for April 25, 2018. Ichimoku Indicator

Senior timeframes

Yesterday, the players on the raise, using 132.54 as support, still managed to reach out and test the important resistance (133.22-41 week Kijun + day Senkou Span B). Despite the fact that further values may be 133.86 - 134.23, overcoming zone 133.22-41 is in the current situation a more important stage, as a result of which new upward guidance and goals will be formed. Today, the support can be noted at 132.74 - 132.54 - 132.20.

The daily review of the currency pair EUR / JPY for April 25, 2018. Ichimoku Indicator

H4-H1

The interaction with the zone of resistance encountered (133,22-41) continues. Overcoming the zone and consolidating the above with confirmation at the higher dimes will allow talking about new prospects and opportunities. In the case of braking and reducing support, today we need to track at 132.90-133 (Tenkan H4 + cross H1) - 132.80 (Kijun Н4 + cloud Н1) - 132.54 - 132.20. Securing under the cloud of H4 will require a new assessment of the situation, as the balance of forces will radically change again and the implementation of rebound from the resistances encountered will start at the older timeframes.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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