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EUR/JPY is in doubts

EUR/JPY is in doubts

Information is not investment advice

On H1 of EUR/JPY, the pair rebounded from lows at 117.80 and moved up. However, the pair touched the resistance at 118.43, that may prevent the further rise. A move up may be confirmed if the pair breaks above 118.59, the target will be located at 118.80. 

If the situation changes, the slide may be expected at 118.20 with the aim at 118.02. In the case of the breakthrough, pay attention to the level of 117.80. 

EURJPYH1.png

 

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