CapMoore

Monthly Levels and Bias

FX:EURJPY   Euro / Japanese Yen
1
Monthly Support:
Kijun Sen: 131,65
SMA 200: 128,25
Yearly S2: 127,35
Kumocloud: 126,86

Monrthly Resistance
Yearly S1/HR: 136-136,50
Yearly PP: 143,00

Trend is bullish but price has left the upward Pitchfork
channel , signalling a pause or trendreversal. End of
last monthl price was supported by the Kumocloud.
A drop from here towards Yearly S2 and SMA200
seems reasonable considering the momentum of previous
months downward move.
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