FxWirePro: EUR/JPY breaks major support at 114.20, good to short rallies

• EUR/JPY recovery attempts rejected at session highs st 114.29.
   
• The pair has breached 20-DMA at 114.58 and major trendline support at 114.20 on Friday's trade.
   
• Technical indicators are biased lower, we see scope for further downside.
   
• Major support levels - 113.81 (Sept 7 low), 113, 112.78 (Aug 24 low)
   
• Major resistance levels - 114.35 (trendline support turned resistance), 114.59 (20-DMA), 114.83 (Sept 16 low)
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Recommendation: Good to sell rallies around 114.15, SL: 114.60, TP: 112.80/ 112.40