FX.co ★ EUR/JPY Intraday Technical analysis

The spot rate approach to the lower limit of its medium term bullish channel in 104.30 suggesting a rebound. However a break of these levels would entail a bearish channel

According to previous events, the market indicates a bullish opportunity on the levels of 104.30 with a 1st objective of 104.80, then 105.00. A break in 104.10 would invalidate this scenario.