EUR/JPY is non-directional on the charts, with a fake breakout through triangle resistance for bulls looking for more than just the 127 handle and resistance and the 200-DMA. The cross subsequently fell back to the prior resistance and tested the 23.6% Fibo which gave way to the 124.80s. On a break of 124.80, risk would be for a subsequent test of trend line support guarding the 38.2% Fibo. Below 123.40 (Jan 7 and Jan 15 lows) opens of the 50% Fibo at 123.02. A break there will likely see the price continue in its southerly trajectory, extending last September’s bear trend. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next BOE to keep interest rates on hold until August 2020 – NIESR FX Street 4 years EUR/JPY is non-directional on the charts, with a fake breakout through triangle resistance for bulls looking for more than just the 127 handle and resistance and the 200-DMA. The cross subsequently fell back to the prior resistance and tested the 23.6% Fibo which gave way to the 124.80s. On a break of 124.80, risk would be for a subsequent test of trend line support guarding the 38.2% Fibo. Below 123.40 (Jan 7 and Jan 15 lows) opens of the 50% Fibo at 123.02. A break there will likely see the price continue in its southerly trajectory, extending last September's bear… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
