Forex: EUR/JPY Technical Analysis – Euro Aims Above 135.00

DailyFX

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

Talking Points

  • Prices rose as expected to test above the 133.81-91 area (May 22 high, 76.4% Fib, channel top)
  • A daily close above resistance initially exposes 135.75 (100% Fib expansion)
  • Near-term support is at 132.77 (61.8% Fib)

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

View photo

.
dailyclassics_eur-jpy_body_Picture_11.png, Forex: EUR/JPY Technical Analysis – Euro Aims Above 135.00

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? Watch this Video

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)