Technical Trading Analysis of EURJPY for 13th January 2015 | EURJPY Forex Trading Call 13/1/2015

Daily Forex Trading Call. Trade with proper analysis and increase your trading profit by following few simple trading fundamental. Today EURJPY Trading Call. The key support zone on the important fibonacci levels is still providing the support and the rebound is expected from the current level. The corrective structure to the downside looks completed and the bullish divergence on the momentum oscillator support the view. The intraday resistance at the level 140.52 is the key level now, as any breakout higher will open the road to the test the level of 141.67 ,the key mid-term level to the upside.

EURJPY Support & Resistance Level :
139.46 – Intra day Support
140.00 – 61% Fibo
140.55 – Intraday Resistance
141.31 – Weekly pivot
141.68 – Intraday Resistance
142.44 – WR1

Remember: Trading is subject to market risk. So, Trade with your own risk . We are not responsible for any trading loss. Always use STOP LOSS to minimize the chance of huge money loss. (Article & image Credit InstaForex MT5 Group )