EUR/JPY Price Analysis: Trapped between critical daily support and resistance, breakout eyed

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EUR/JPY Price Analysis: Trapped between critical daily support and resistance, breakout eyed
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EUR/JPY Price Analysis: Trapped between critical daily support and resistance, breakout eyed EURJPY Technical Analysis

EUR/JPY H4 chart

On the 4-hour chart, there are prospects of another move lower if 150 holds as bulls have been building positions protected below the equal lows. We are yet to see a test of the daily 38.2% Fibonacci as well.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.

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