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EURJPY Resumes Broader Uptrend, Remains On THe Offensive

EURJPY: The pair Remains offensive following its trend resumption the past week. On the downside, support comes in at the 133.00 level where a break if seen will aim at the 132.50 level.  A cut through here will turn focus to the 132.00 level and possibly lower towards the 131.50 level. On the  upside, Resistance Resides at the 132.00 level. Further out, we  envisage a possible move towards the 133.50  level. Further out, resistance resides at the 134.00 level with a turn above here aiming at the 134.50 level. On the whole, EURJPY faces further bull pressure in the days ahead.  



This post first appeared on Trading Blogs And Financial Markets Analysis, please read the originial post: here

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EURJPY Resumes Broader Uptrend, Remains On THe Offensive

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