Forex: EUR/JPY Technical Analysis – Resistance Just Below 140.00
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- Prices broke above resistance at 138.82 (100% Fib expansion)
- Resistance is now at 139.94 (123.6% Fib); above that aims for 140.63 (138.2% Fib)
- A turn back below 138.82 aims for 137.71 (76.4% Fib exp.)
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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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