FX.co ★ EURJPY at the 133.00 levels. Book partial profits

Technical outlook and chart setups:

The currency pair bounced off the trendline support at 131.00 lately. Immediate support is at the 128.00/129.00 levels followed by 126.00 and lower. It is recommended to book partial profits on long positions taken earlier and buy further on dips ahead of the 131.00 levels. The extensions are pointing at 136.00 and higher for now. Only a break of the rising trendline would delay matters for bulls. Intermediary resistance is seen at the 135.00 levels for now. Fresh long positions can be taken around the 132.00 levels.

Trading recommendations:

Book partial profits for now, remain long on rest.

Good luck!