FXLORDS Increase Your Profits
Pivot: 145.00
Our preference: Sell EUR/YEN at 142.6 with targets @ 140.50 & 138.25 in extension.
Stop Loss: A 4 hours close above 143.50
Conviction: The pair completed the Head and Shoulder Pattern on the 4 Hours Chart. Fundamental news are pressing against the Euro. CCI is in the overbought zone on the 4 hour chart while RSI is turning down on the daily chart
| Support 1 | Support 2 | Support 3 | Resistance 1 | Resistance 2 | Resistance 3 |
| 141.80 | 141.30 | 140.5 | 142.80 | 143.30 | 143.50 |
Trading Forex and other financial instruments on a leverage or margin basis involves high risks. Profits and losses are magnified as a result of a small movement in the price of the underlying instrument, which might result in substantial losses that may exceed your initial deposit. Trading Forex and other financial instruments may not suitable for all persons. Before deciding to trade, please ensure you understand all the risks involved. For more information visit Privacy Policy and Terms of Use. FXLORDS LTD. is a registered company in Cyprus and licensed under the number HE317672, and is a registered trademark in the EU.
