“¢ Retreats from an ascending trend-line resistance, forming a part of a bearish rising wedge chart pattern on the 1-hourly chart. “¢ Bullish moving averages cross-over suggests dip buying to emerge at lower levels. “¢ Break below an ascending trend-line, the bearish pattern, might continue to find support near mid-127.00s. EUR/JPY 1-hourly chart Spot Rate: 127.96 Daily High: 128.40 Daily Low: 127.58 Trend: Bullish Resistance R1: 128.40 (session top) R2: 128.21 (R1 daily pivot-point) R3: 128.54 (May 28th high) Support S1: 127.84 (ascending trend-line support) S2: 127.58 (daily low and 50-hour SMA H1) S3: 127.18 (S1 daily pivot-point) 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 Tron Price analysis: TRX/USD rejects support at $0.060; TRX lands listing on Indonesia based Indodax crypto exchange FX Street 5 years "¢ Retreats from an ascending trend-line resistance, forming a part of a bearish rising wedge chart pattern on the 1-hourly chart. "¢ Bullish moving averages cross-over suggests dip buying to emerge at lower levels. "¢ Break below an ascending trend-line, the bearish pattern, might continue to find support near mid-127.00s. EUR/JPY 1-hourly chart Spot Rate: 127.96 Daily High: 128.40 Daily Low: 127.58 Trend: Bullish Resistance R1: 128.40 (session top) R2: 128.21 (R1 daily pivot-point) R3: 128.54 (May 28th high) Support S1: 127.84 (ascending trend-line support) S2: 127.58 (daily low and 50-hour SMA H1)… 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.
