EUR/JPY Technical Analysis

(129,50) The EUR/JPY confirmed a positive closing but well off the high of the day and just a few pips above the opening. The move up favoured a test of the resistance line at 130 where it found good resistance. While below this line we favour a resumption of the decline. Only a daily closing above 131,30 will abort the suggested S_H_S formation!!

Read the full report: EURJPY 06.21

 

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