EUR/JPY Technical Analysis: Resistance Below 131.00 Eyed
EUR/JPY Technical Analysis- Prices are testing resistance at 130.72, the 38.2% Fibonacci expansion, once again, with a break higher targeting the 50% level at 132.50. Trend line support is now at 129.10, followed by the 23.6% Fib at 128.51.
Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com
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