U.S. Markets closed

Forex: EUR/JPY Technical Analysis – October Double Top in Sight

Ilya Spivak


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


Talking Points


  • Prices are testing above resistance at 134.55 (76.4% Fib exp.)
  • A break higher on daily closing basis exposes 135.31-58 (double top, 100% Fib)
  • Support is at 133.91 (61.8% Fib); below that aims for 133.39 (50% Fib)


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


dailyclassics_eur-jpy_body_Picture_12.png, Forex: EUR/JPY Technical Analysis – October Double Top in Sight

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.