- EUR/JPY recovered till 139.15 after making low of 138.20. Further weakness can be seen only below 138 level.
- The pair’s minor resistance is around 139.20 and break above would extend gains till 139.80/140.60 level.
- On the downside minor support is around 138 and break below will drag the pair further down till 136.30/135 in short term.
- Short term trend reversal only above that level it will reach till 140.60/141.
It is good to buy at dips around 138.20 with SL around 137 for the TP of 140.40
The material has been provided by InstaForex Company – www.instaforex.com