EUR/JPY technicals

Source: www.forexlive.com

Initial resistance is at 137.30, yesterdays highs with Fibos at 137.44 and 86 above there. Support is at 136.35 and 135.65. Hourly trend is more or less flat which favours range trading though a 5-wave count from the 139.20 spike high is a bearish event.


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