The EUR/JPY is flirting with the trendline connecting the Aug. 15 low and Sept. 9 low at the time of writing, the 4-hour chart shows. A break below the rising trendline would expose the support lined up at 130.00 (38.2% Fib R of the rally from August lows). Strong bounce from the rising trendline and a break above the upper edge of the bull flag would signal a resumption of the rally from the Sept. 10 low of 127.86 and will likely yield a rally to the recent high of 133.13. 4-hour Chart Spot Rate: 131.07 Daily High: 131.36 Daily Low: 131.04 Trend: Bullish above 131.83 (flag resistance) Resistance R1: 131.31 (100-hour exponential moving average) R2: 131.83 (flag hurdle) R3: 133.13 (recent high) Support S1: 131.00 (rising trendline support) S2: 130.62 (200-hour exponential moving average) S3: 130.00 (38.2% Fib R of the rally from August lows) 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 EUR/USD: Bending Not Breaking The Range; Where To Target? – NAB Yohay Elam 4 years The EUR/JPY is flirting with the trendline connecting the Aug. 15 low and Sept. 9 low at the time of writing, the 4-hour chart shows. A break below the rising trendline would expose the support lined up at 130.00 (38.2% Fib R of the rally from August lows). Strong bounce from the rising trendline and a break above the upper edge of the bull flag would signal a resumption of the rally from the Sept. 10 low of 127.86 and will likely yield a rally to the recent high of 133.13. 4-hour Chart Spot Rate: 131.07 Daily High: 131.36 Daily… 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.
