EURJPY In Bearish Channel

Forex World - Resistant: 114.20 113.70 – – 114.70. Support: 113.00 112.75 – – 112.20.

EURJPY turn from candlestick Doji formation on the weekly, if we look at the graph of the H1 price still moves in a bearish channel, indicating a bearish phase. Intraday bias but still neutral in the short term. Nearest support looks at 113.00, translucent area consistently under the area, potentially triggering a bearish pressure target area 112.75 or lower. While resistant to the closest look at 113.70 area, the area above the transpiration can add to the bullish pressure test the next resistance areas at 114.20.