FX.co ★ EUR/JPY Technical analysis

EUR/JPY

The pair will find support at 115.30 levels to resume their upward sequence, this level would be a good entry point.

The major resistance of 117.20 is the real test of the euro-yen Japanese and only clean break of this level represent for me a sign to take buy position on the pair. Another break, the higher resistance of 118.00, added confidence in the positive sequence is estimated to reach the end of the process to the high peaks of 132.80 Japanese yen per euro.