Forex: EUR/JPY Technical Analysis – Aiming Above 145.00 Figure
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Talking Points
Prices broke resistance at 143.72 (23.6% Fib exp.), exposing 145.41 (38.2% Fib)
A further break above that aims for 146.78 (50% Fibonacci expansion)
Support is at 143.72 (23.6% Fib); below that eyes 142.67 (14.6% Fib exp.)
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Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for DailyFX.com
Contact and follow Ilya on Twitter: @IlyaSpivak
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