Technical Analysis for the Pair EURJPY - Multiple Timeframe Anlysis

Pair - EURJPU

Trend - Uptrend

Support levels

Major Support level = 126.90
Minor Support level =  130.30

Resistance Level
Major Resistance Level = 136.10

Charts
Monthly - To know the Direction/ to know the support levels and Resistance levels

Daily - To find the trend and make decision - Buy or Wait

Hourly - To Execute the positon / Entry point, Exit point

 First Two Charts are montly
then Two Charts are daily
final Chart is 1 hour Char

Conclusion:
once the Trendline break out  and there is bullish momentum then we can take long postion at level 130


Update:

Finally EURJPY has completed the Retracment and break out the Trendline.

Daily Time frame shows that retrace level is 76.4

Same Picture of Daily Time frame. but we ccan see that trend line is break out and moving up to acheive the edge

Conclusion:
Make sure about the proper Stop loss and profit taking methods have been applied.