Tatyana graduated from Bashkir State University with the major of Applied Mathematics and IT. She used to work as a system analyst in a large IT company. Entered the financial markets in 2008. Her trading system is based on classical technical analysis, Ichimoku indicator and the elements of fundamental analysis. Tatyana is very dedicated to her family and children. In her free time she enjoys rising a bicycle.

FBS: Trading recommendations for EUR/JPY

Tatiana Norkina, FBS analyst

Sales of the currency pair were resumed with the levels of 136.30 / 60 as we expected. The bears played the target level in Figure 135.00 during the first part of the day. The bulls are trying to regain lost positions after that. The couple comes to the mark 135.80, which can also become a good level for new sales.

Indicator Bollinger is bearish: the moving average points at the preserving of decreasing trend to be continued with the expanding tape.

On the other hand, short-term oscillators show recovery.

Technical levels: Support - 135.00, 134.60; resistance - 135.80, 136.00

Trading recommendations:

1. Sell - 135.80; SL - 136.00; TP1 - 134.60.

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