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Jal121

EUR/JPY Daily Chart Outlook

Euro / Japanese Yen (OANDA:EURJPY)  
Jal121  
OANDA:EURJPY   Euro / Japanese Yen
Parallel Channel Support and Resistance Trend Lines Forex EURJPY levels support analysis trend flatchannel fxaxe
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parallelchannel supportandresistance trendline forex eurjpy levels support analysis trend flatchannel fxaxe
We can see EUR/JPY is currently trading around our long term resistance zone. We have highlighted our flat channel and marked key levels in the market. Price has been gravitating towards these levels and bouncing.

Scaling down to the 4hr timeframe we can see a short term support zone marked with a black horizontal line.
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