nish_shifte

EUR/JPY potential on 4h chart

Long
FX:EURJPY   Euro / Japanese Yen
Minor support at 124.95/125.00 before much better support at 124.70/65. A break lower targets 124. 40 /35. Below look for 124. 05 /00 then 123.85/80.
Holding above 125.00 targets 125.30/35. Bulls need a break above 8-month trend line resistance at 125.45/55 for a buy signal targeting 126.10/20 and 126.60/70.