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EURJPY: Bullish Above Key Support At 137.97 Level
EURJPY- The cross held above its key support at the 137.97 level on Thursday leaving risk of a move higher on the cards. On the downside, support comes in at the 138.00 level where a break will aim at the 137.50 level. A turn below here will target the 137.00 level with a breach turning focus to the 136.50 level. On the upside, resistance lies at the 139.00 level. Further out, resistance resides at the 139.50 level where a break if seen will threaten further upside towards the 140.00. Further out, resistance resides at the 141.00 level. All in all, the cross continues to face upside threats whole holding above the 137.97 level