[alert color=”grey”] Intraday Support : 126.60, 126.00, 125.60 Intraday Resistance:127.28, 128.00, 128.75 [/alert]
The EURJPY is attempting to break above the latest main swing high and resistance level around 127.28. The short term trend is up as the EURJPY managed to establish a series of higher lows and higher highs.
A breakout with stability above 127.28 will probably signal the continuation of the ongoing bullish pullback.
[alert color=”white”] EURJPY Forecast for today: Monitoring the price around 127.27. If we break higher look for more upside towards 129.50.[/alert]