FX.co ★ EUR/JPY Intraday Technical analysis

The spot rate is currently testing the intermediate support of its medium term bullish channel in 103.35 suggesting a rebound. However a break of these levels would entail a decline to the lower limit of this one to 102.70.

According to previous events, the market indicates a bullish opportunity on the levels of 103.35 with a 1st objective of 103.90, then 104.20. A break in 103.15 would invalidate this scenario.