FxWirePro
Long

EUR/JPY Short Term Outlook

FX:EURJPY   Euro / Japanese Yen
170 views
1
170 0
EUR/JPY has broken minor support 134.50 after Greece debt talks break down after Athens rejected a proposal to request six month extension of its international bailout programme.

Technically EUR/JPY has recovered after making a low of 133.90 .Intraday major support is around 134.50 and any weakness can be seen only below that level. Break of 134.50 will take the pair further down till 133.70/133.

On the upside minor resistance around 136 and any indicative break above will target 137/137.60.

Indicators (4 hour chart)
CCI (50) – Buy
CCI (14) - Buy
Ichimoku- Neutral

Recommendation: Buy EUR/JPY around 135.50, SL 134.49, Targets 137/137.60.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Pine Wizards Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out