Forex: EUR/JPY Technical Analysis – Attempting to Expose 145.00

DailyFX

To receive Ilya's analysis directly via email, please SIGN UP HERE

Talking Points

  • Prices are testing above resistance at 143.72 (23.6% Fib expansion)
  • A break higher on a daily closing basis exposes 145.41 (38.2% Fib exp.)
  • Below support at 142.67 (14.6% Fib exp.) aims for 140.98 (Dec 17 low)

Confirm your chart-based trade setups with the Technical Analyzer.

View photo

.
dailyclassics_eur-jpy_body_Picture_12.png, Forex: EUR/JPY Technical Analysis – Attempting to Expose 145.00

Daily Chart - Created Using FXCM Marketscope 2.0

--- Written by Ilya Spivak, Currency Strategist for DailyFX.com

Contact and follow Ilya on Twitter: @IlyaSpivak

New to FX? START HERE

For live market updates, visit the Real Time News Feed

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.
Learn forex trading with a free practice account and trading charts from FXCM.

View Comments (0)