EURJPY Technical Outlook Into Neutral

Forexworld - Resistant: – – 115.00 114.20 113.80. Support: 112.40 112.00 112.90 – –

EURJPY seeks rebound yesterday, translucent above 113.20 levels. Intraday bias being neutral in the short term with the trend bullish bias especially if the price above the translucent area 113.80, test area 114.20. But the key still seems resistant at 114.50 area. On the side of the nearest support under it, look in the area dwindled, 112.90 consistently under the area could trigger a bearish pressure test key support areas 112.40. The main technical Outlook still neutral.