Forex: EUR/JPY Technical Analysis – Bounce in the Works?
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- A Doji candle on a retest of falling trend line resistance-turned-support hints at a bounce
- The first major upside barrier from here is in the 1.3381-89 area (channel top, May 22 high)
- Trend line support is at 131.81, followed by a channel bottom at 130.71
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Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for DailyFX.com
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