{"id":103998,"date":"2017-03-27T05:49:05","date_gmt":"2017-03-27T09:49:05","guid":{"rendered":"http:\/\/countingpips.com\/?p=103998"},"modified":"2017-03-27T05:49:05","modified_gmt":"2017-03-27T09:49:05","slug":"eurjpy-4h-trend-line-broken-for-further-drop","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/03\/eurjpy-4h-trend-line-broken-for-further-drop\/","title":{"rendered":"EUR\/JPY 4h Trend Line Broken for Further Drop"},"content":{"rendered":"
March 27, 2017<\/div>
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By Admiral Markets<\/b><\/p>\n

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The EUR\/JPY has broken a 4h trend line and currently it is supported by W L3 pivot. If the prices retraces to POC zone (EMA 89, W H3, 50.0, inner trend line, ATR high) 120.60-85 we might see a rejection towards 119.90 and 119.25. If there is no retracement to the upside, than traders should pay attention to 4h close below 119.20 for further continuation down to 118.75.<\/p>\n

Quick Summary:<\/p>\n

W H3 – Weekly H3 Camarilla (Weekly resistance)<\/p>\n

POC – Point Of Confluence (The zone where we expect price to react aka entry zone)<\/p>\n

W L3 – Weekly L3 Camarilla (Weekly support)<\/p>

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Article by Admiral Markets<\/b><\/p>\n

Source: EUR\/JPY 4h Trend Line Broken for Further Drop<\/a><\/p>\n

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Admiral Markets is a leading online provider, offering trading with Forex and CFDs on stocks, indices, precious metals and energy.<\/p>\n","protected":false},"excerpt":{"rendered":"

By Admiral Markets The EUR\/JPY has broken a 4h trend line and currently it is supported by W L3 pivot. If the prices retraces to POC zone (EMA 89, W H3, 50.0, inner trend line, ATR high) 120.60-85 we might see a rejection towards 119.90 and 119.25. If there is no retracement to the upside, […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-103998","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/103998","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=103998"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/103998\/revisions"}],"predecessor-version":[{"id":103999,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/103998\/revisions\/103999"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=103998"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=103998"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=103998"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}