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APR 10, 2014 - Investopedia

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EUR/JPY Technical Analysis – Candle Pattern Hints at Bounce

To receive Ilya's analysis directly via email, please SIGN UP HERE Talking Points: EUR/JPY Technical Strategy: Flat Support: 140.38 (rising trend line) Resistance: 141.75 (38.2% Fib exp.), 142.82 (falling trend line) The Euro may be readying an upward reversal against the Japanese Yen after prices produced a bullish Piercing Line candlestick pattern above rising trend line support from mid-February.

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