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Forex technical analysis: EURJPY finds buyers at support

Discussion in 'Technical Analysis' started by ForexLive, Oct 28, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Floor area holds the line The EURJPY is being influenced by technical buyers against the 133.059-133.256 area. Looking at the daily chart below, this area has a number of swing lows going back to May. There was one dip below in September, with one close below. That was it. So traders - who could define and limit risk - put a toe in the water at the 133.14 and are seeing more willing buyers on the hold.

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