FX.co ★ Technical analysis of EUR/JPY for September 24, 2015

General overview for 24/09/2015 12:30 CET

The upward rally has run out of a steam as the technical resistance at the level of 134.98 is still not broken. Currently, the golden trend line provides a dynamic support for the price, but any breakout lower will directly expose the level of 133.74 for a test.

Support/Resistnace:

134.98 - Technical Resistance

134.35 - WS1

133.74 - Intraday Support

133.46 - WS2

Trading recommendations:

Daytraders should consider opening sell orders at current levels with SL above the level of 134.70 and TP at the level of 133.75.