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Business / Finance

EUR/JPY h4. The developments from 08 February 2019 Analysis. & ZUP

Analytical reviews Forex 08.02.2019 at 12:53

Daily analytical reviews of the Forex market from InstaForex company

Minute (h4)

Euro vs Japanese Yen

index 05.02.2019 19:10 UTC+3.

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the figure is a cross-EUR/JPY-08 Feb 2019 will depend on the direction of the breakout of the range:

-> 124.90 resistance level (lower boundary of the channel 1/2 Median Line Minuette);

-> 124.50 support level (upper limit ISL38.2 zone equilibrium fork operational scale Minuette).

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the prospect of the development of the upward movement (buy)

if the resistance level 124.90 -> development of the movement of EUR/JPY in the channel 1/2 Median Line Minuette (124.90 125.10 125.35) the breakdown of the top border (125.35) which will be possible to achieve cross-tool objectives -> the starting line SSL (125.75) zone equilibrium fork operational scale Minuette local maximum 125.92 control line UTL Minuette (126.15).

the Details shown in animated graphics .

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the prospect of the development of the downward movement (sell)

if the support level 124.60 ( ISL38.2.) - > development of the movement of the cross tool again will arise in the zone of equilibrium (124.60 124.25 123.90 with a) fork operational scale Minuette, and if going to be the place to be the breakdown ISL61.8. (123.90 with), then the downward movement of the EUR/JPY will continue to order -> lower bound ISL38.2 (123.20) zone equilibrium fork operational scale Minute ultimate line FSL Minuette (122.65) final Shiff Line Minute (122.40).

the Details look at the animated chart .

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the Review is prepared without considering the news background, the opening of the trading sessions of the major financial centers and is not a guide to action (issuing orders "sell" or "buy").

., and Andrews ' Pitchfork (terms, concepts, parameters).

the Materials for the study of Analysis ZUP & APL's.

the Material has been provided by InstaForex company - www.instaforex.com