- EUR/JPY has formed double top around 141 and is retreating from that level. Overall trend bearish and any further bullishness can be seen only above 141 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 140. that level it will reach till 140.60/141
It is good to sell on rallies around 140 for the TP of 138.10 with SL around 141.10
The material has been provided by InstaForex Company – www.instaforex.com