Forex: EUR/JPY Technical Analysis – Attempting to Expose 145.00

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Talking Points

  • Prices are testing above resistance at 143.72 (23.6% Fib expansion)

  • A break higher on a daily closing basis exposes 145.41 (38.2% Fib exp.)

  • Below support at 142.67 (14.6% Fib exp.) aims for 140.98 (Dec 17 low)

Confirm your chart-based trade setups with the Technical Analyzer.

dailyclassics_eur-jpy_body_Picture_12.png, Forex: EUR/JPY Technical Analysis – Attempting to Expose 145.00
dailyclassics_eur-jpy_body_Picture_12.png, Forex: EUR/JPY Technical Analysis – Attempting to Expose 145.00

Daily Chart - Created Using FXCM Marketscope 2.0

--- Written by Ilya Spivak, Currency Strategist for DailyFX.com

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