• Intraday Major resistance -131.28 (200 day 4HMA)
  • EUR/JPY Break above 131.28 could pave way for next target
  •  R2 -131.78
  • R3- 133 (61.8% retracement of 136.67 and 126.87)
  • Intraday major support -129.84 (20 day 4HMA)
  • Break below will drag the pair further down till
  • S2-129
  • S3-128.56 (61.8% retracement of 126.89 to 131.28)

Recommendation: Buy EUR/JPY around 130.80, SL 129.84, Targets 131.78/133.

The material has been provided by InstaForex Company – www.instaforex.com