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, an analyst of FBS

The currency pair is expected to meet the barrier in the range of 135.80/136.00. Today the bears launched the offensive again, which resulted the decreasing of the pair to 135.35 level.

Prices are at the lower bound of Bollinger Bands. Oscillators were turned down, denoting the end of the corrective recovery: MACD histogram is increasing in the top-down direction; RSI line also set to move down. Obviously, there will be the renewal of the lows soon.

Therefore, yesterday's short positions can be held to achieve the stated goals and added at the breaking of 135.30 support level.

Technical levels: Support - 135.00, 134.60, 133.35; resistance - 135.80.

Trading recommendations:

1. Sell - 135.30; SL - 135.80; TP1 - 134.60; TP2 - 133.35.

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