EURJPY technical outlook by FxArsenal

Today EURJPY has tested ultra strong both historical and psychological support level 100.00. In case of breach of 100 level,

next considerable support levels appear in area below 98.00. Although 100 level is going to play lead for EURJPY for foreseeable feature, support/resistance levels marked by Fibonacci retracements cannot be overlooked. 100.61 area (green rectangular) may soon stop or just slacken current upward correction. Look for signals to come on EURJPY!


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