The price has pierced the 4-month resistance line at 125.73 and is testing territory on the 126 handle. A break of the 25th Oct fractal low at 126.63 opens risk to the 50% Fibo retracement level at 128.10 and confluence of the 200- SMA at 128.13. Supply to back the said resistance, bears can target a break to the near term up trend at 124.45. EUR/JPY daily chart 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 BOJ’s Kuroda: China’s economy slowing quite significantly FX Street 4 years The price has pierced the 4-month resistance line at 125.73 and is testing territory on the 126 handle. A break of the 25th Oct fractal low at 126.63 opens risk to the 50% Fibo retracement level at 128.10 and confluence of the 200- SMA at 128.13. Supply to back the said resistance, bears can target a break to the near term up trend at 124.45. EUR/JPY daily chart 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.
