EUR/JPY faces further downside pressure as it continues to retain corrective pullback threats. On the downside, support comes in at the 119.50 level where a break if seen will aim at the 119.00 level. A cut through here will turn focus to the 118.50 level and possibly lower towards the 118.00 level. On the upside, resistance resides at the 120.50 level. Further out, we envisage a possible move towards the 121.00 level. Further out, resistance resides at the 121.50 level with a turn above here aiming at the 122.00 level. On the whole, EUR/JPY continues to retain its downside pressure.
EUR/JPY: More Weakness Envisaged On Bear Pressure
Featured News
Add EUR (FOREX) to my watchlist
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham, CEO
James Graham
CEO
Previous Video
Next Video
SPONSORED BY The Market Online