Today's Chart: :EUR/JPY ( HOURLY )
The primary trend of EUR/JPY is on charts and price is trading below the in its hourly chart. In hourly chart the price is sustaining above 200 day and taking resistance of 50 day indicating downtrend of the pair. It is having an important resistance at the level of 131.65 and support at the level of 130.02. If it breaks its on the downside and sustains below it then we can expect it to show further movement in the pair.
is sustaining in its negative territory indicating the in the pair.
is sustaining in its selling zone indicating the upcoming in the pair.
EUR/JPY is looking on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra-day to mid-term positions in it.