EURJPY: Bull Pressure Builds Up, Closes In On The 133.14/43 Zone

Panjang

Euro / Yen Jepun (FX:EURJPY)

FX:EURJPY Euro / Yen Jepun

EURJPY: The cross was seen returning to upside towards its broken support turned resistance level at the 133.14/43 zone during early Friday trading today. This is coming on the back of its price rejection on Thursday triggered from the 131.58 level. With that reversal putting EURJPY above the 132.22 level, another key support, a build up on that recovery is expected.

EURJPY STRATEGY:
Buy at 132.78,
Stop loss at 132.00,
Price target at 133.78 & 134.20

Penafian

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