EUR/JPY Technical Analysis

(129,85) The EUR/JPY failed to confirm the suggested small positive day reversal finding strong resistance above 130,50. While below 130,55 we expect a firm test of the support line at 128,95! The indicators of the daily chart are still well negative and also those of the s/t ones are below the line supporting lower levels. The drop below 130,00 confirmed already a negative reversal suggesting a s/t target at 128,94!! We wait for a selling opportunity!

Read the full report: EURJPY 08.30

 

Future Trend