Forex: EUR/JPY Technical Analysis – Bounce in the Works?


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Talking Points

  • A Doji candle on a retest of falling trend line resistance-turned-support hints at a bounce
  • The first major upside barrier from here is in the 1.3381-89 area (channel top, May 22 high)
  • Trend line support is at 131.81, followed by a channel bottom at 130.71

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dailyclassics_eur-jpy_body_Picture_11.png, Forex: EUR/JPY Technical Analysis – Bounce in the Works?

Daily Chart - Created Using FXCM Marketscope 2.0

--- Written by Ilya Spivak, Currency Strategist for

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