Friday, October 16, 2026

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FxWirePro: EUR/JPY faces trend line support around 135.50, good to buy at dips

EUR/JPY is facing major trend line support around 135.50 (trend line joining 134.79 and 134.95) and weakness can be seen only below this level. Any break below 135.50 will drag the pair till 135.25/134.80. On the higher …

By Lis Howell
1 min read
FxWirePro: EUR/JPY faces trend line support around 135.50, good to buy at dips
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  • EUR/JPY is facing major trend line support around 135.50 (trend line joining 134.79 and 134.95) and weakness can be seen only below this level.

  • Any break below 135.50 will drag the pair till 135.25/134.80.

  • On the higher side major resistance is around 136.40 and break will take the pair to next target 137.

It is good to buy at dips 135.55-60 with SL around 135.20 for the TP 136.40/137    

 

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By FxWirePro Team