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: Trade recommendations for EUR/JPY

Tatiana Norkina, an analyst at FBS

Resistance at 137.60 restrained currency pair of quick recovery. So yesterday's recommendation to sell the pair at this level remains relevant.

Bollinger Bands narrowed the range, indicating the completion of growth. You also need to pay attention to the reduction of oscillators: MACD is close to zero, and RSI set to move to the bottom of the range.

Crash Course can be deeper if the bears manage to knock down the support of 137.00 / 10. If you hold the forward growth of the level to 138.10.

Technical levels: Support - 137.10; resistance - 137.60, 138.10.

Trading recommendations:

1. Sell - 137.60; SL - 137.85; TP1 - 137.10.

2. Buy - 137.00 / 10; SL - 136.80; TP1 - 138.10.


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