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Technical Analysis
Technical Outlook, Strategies & Commentaries On The Major Currencies
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[QUOTE="FXTechstrategy Team, post: 78486, member: 14129"] [b]Daily Technical Strategist On EURJPY[/b] EURJPY: Vulnerable EURJPY- With the cross remaining weak and vulnerable to the downside, risk continues to point lower. On the upside, resistance resides at the 136.68 level where a break if seen will threaten further upside towards the 137.50. Further out, resistance resides at the 138.00 level where a break will aim at the 139.00. On the downside, support comes in the 135.55 level where a break will aim at the 135.00 level. A break will target the 134.00 level with a breach turning focus to the 133.00 level. All in all, the cross continues to face upside pressure on recovery [/QUOTE]
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