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4 May 2015
EUR/JPY bullish above 135 – FXMarketAlerts
FXStreet (Barcelona) - The FXMarketAlerts Team gives the technical outlook and key levels for EUR/JPY, noting that the pair requires a move above 135 levels to see a bullish tone.
Key Quotes
“After halting at the 135~ target/ Jan-Feb high volume on Fri., the EUR's dipped a little this am. No strong top has been signalled yet, though, and with light volume featuring on the pull back today, a fresh push at 135 should follow shortly (butwill need to build above 135 to move us to bullish.)”
“R3: 136.68 * 11, 12-Feb highs
R2: 135.25 Fri high
R1: 135.00 * Jan-Feb high volm
S1: 133.85 Fri low
S2: 131.50~ * end-Mar-Apr highs
S3: 131.25 30-Apr low”
Key Quotes
“After halting at the 135~ target/ Jan-Feb high volume on Fri., the EUR's dipped a little this am. No strong top has been signalled yet, though, and with light volume featuring on the pull back today, a fresh push at 135 should follow shortly (butwill need to build above 135 to move us to bullish.)”
“R3: 136.68 * 11, 12-Feb highs
R2: 135.25 Fri high
R1: 135.00 * Jan-Feb high volm
S1: 133.85 Fri low
S2: 131.50~ * end-Mar-Apr highs
S3: 131.25 30-Apr low”