The EURJPY pair showed an upward movement and it is now trading above the 120.75 main support level. As long as the pair stays above 120.75 on a four hourly basis, the upward movement may continue and we will follow the key resistance level at 121.59. On the downside, if the pair moves down below 120.75, the next major support level will be at 120.13.
Support : 120.75 - 120.13 - 119.49
Resistance : 121.59 - 122.37 - 123.14
05 Dec 19 (Thu)