EUR/JPY Technical Analysis: Rising odds for a break below 117.00

FX Street

Updated: 7 Oct. 2019 | 10:27

EUR/JPY has resume the downside at the beginning of the week and is now trading closer to the key support at 117.00 the figure.
Immediately to the downside emerges the late August low at 116.56 ahead of the 2019 low at 115.86 recorded on September 3^rd.
On the broader view, the negative stance remains unchanged while below the short-term resistance line, today at 119.00.

EUR/JPY daily chart

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