FXStreet (Edinburgh) - In the view of Karen Jones, Head of FICC Technical Analysis at Commerzbank, rallies in the cross are expected to find strong resistance in the 132.65/133.40 area. Key Quotes “EUR/JPY has sold off into 6 month lows and remains under pressure. The 132.24 4 th September low has been eroded to leave it on target for 127.91 the 2013-2015 support line”. “Intraday rallies are indicated to now struggle 132.65/133.40 and should ideally remain capped by its 6 month uptrend, which should now act as initial resistance at 134.57”. For more information, read our latest forex news.