Intraday Major resistance -131.28 (200 day 4HMA)
EUR/JPY Break above 131.28 could pave way for next target
R2 -131.78
R3- 133 (61.8% retracement of 136.67 and 126.87)
Intraday major support -129.84 (20 day 4HMA)
Break below will drag the pair further down till
S2-129
S3-128.56 (61.8% retracement of 126.89 to 131.28)
Recommendation: Buy EUR/JPY around 130.80, SL 129.84, Targets 131.78/133.
EUR/JPY Break above 131.28 could pave way for next target
R2 -131.78
R3- 133 (61.8% retracement of 136.67 and 126.87)
Intraday major support -129.84 (20 day 4HMA)
Break below will drag the pair further down till
S2-129
S3-128.56 (61.8% retracement of 126.89 to 131.28)
Recommendation: Buy EUR/JPY around 130.80, SL 129.84, Targets 131.78/133.