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

Ilya Spivak


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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)


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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


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