Forex: EUR/JPY Technical Analysis – Resistance Met Above 145.00
To receive Ilya's analysis directly via email, please SIGN UP HERE
- Prices broke resistance at 143.72 (23.6% Fib exp.), exposing 145.41 (38.2% Fib)
- A further break above that aims for 146.78 (50% Fibonacci expansion)
- Support is at 143.72 (23.6% Fib); below that eyes 142.67 (14.6% Fib exp.)
Confirm your chart-based trade setups with the Technical Analyzer.
Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for DailyFX.com
Contact and follow Ilya on Twitter: @IlyaSpivak
New to FX? START HERE
For live market updates, visit the Real Time News Feed
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.