Daily Technical Strategist on EURJPY
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EURJPY: Weakens, Vulnerable
EURJPY- Having activated a corrective pullback on Thursday, more decline is expected but with caution. On the downside, support comes in the 135.00 level where a break will aim at the 134.00 level. A break will target the 133.00 level with a breach turning focus to the 132.00 level. On the upside, resistance resides at the 137.00 level where a break if seen will threaten further upside towards the 138.00. Further out, resistance resides at the 139.00 level where a break will aim at the 140.00. All in all, the cross continues to face corrective pullback threats risk.