Forex: EUR/JPY Technical Analysis – Stalling Below 140.00 Mark
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- A Spinning Top candle below the 140.00 mark warns a turn lower may be ahead
- Initial support is at 137.94 (23.6% Fib); below that aims for 136.65 (38.2% Fib)
- Near-term resistance is at 140.01, the December 3 high
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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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