Forex: EUR/JPY Technical Analysis – Resistance Seen Below 137.00
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Talking Points
Prices broke resistance at 135.58 (100% Fib exp.), exposing 136.61 (123.6% Fib exp.)
A further break higher aims for 137.25 (138.2% Fib expansion)
Reversing back below 135.58 aims for support at 134.16
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Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for DailyFX.com
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