Forex: EUR/JPY Technical Analysis – A Euro Rebound Ahead?
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- Prices put in a bullish Piercing Line candle pattern, hinting at a bounce ahead
- Breaking above 143.60 (14.6% Fib exp.) exposes 144.90 (23.6% Fib exp.)
- Upward-sloping neckline support currently comes in at 141.63
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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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