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EURJPY Eyes More Strength On Correction

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 26, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    EURJPY - With the cross following through higher on Monday, EURJPY eyes more strength on correction. Support comes in at the 128.00 level where a break will aim at the 127.50 level. A turn below here will target the 127.00 level with a breach turning focus to the 126.50 level. Its daily RSI is bullish and pointing higher suggesting further strength. Conversely, resistance lies at the 129.00 level. Further out, resistance comes in at the 129.50 level where a break if seen will threaten further

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