FX.co ★ EUR/JPY Intraday Technical analysis

The spot rate approach to the lower limit of its medium term bearish channel in 100.80 suggesting a rebound. However a break of these levels would entail a bearish channel more violent.

According to previous events, the market indicates a bullish opportunity on the levels of 100.80 with a 1st objective of 101.50, then 101.80. A break in 100.60 would invalidate this scenario.