Downside Trading In EUR/JPY

Technical Reports

Trading is on the downside for support 127.13, as growth from 124.61 has completed at 131.97. Pivot points are at: (S1) 129.64; (P) 130.01; (R1) 130.28.

Overcoming of support 127.13 will aline low 124.61. Trading above minor resistance 130.86 will bring retest of 131.97.

Corrective fall from 137.49 has completed. The cross keeps a medium term bullishness, considering key resistance turned support 124.08. Overcoming of 133.47 will affirm bullish case and aline 137.49 and above.