Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

EUR/JPY weighed by trendline, 133s emerge

  • Cross extends south. The kijun line is just below market at 133.90 and dropping

  • The 50% fibo of the 130.16/136.70 move supports below at 133.43

  • Day trend indicators show continuous downside risk

  • Looks to use corrective rebounds below the trendline as selling opportunities

  • Trendline is from Dec 12 136.70 highs and comes in at 135.78 today

 

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.