Jal121

EUR/JPY Daily Chart Outlook

OANDA:EURJPY   Euro / Japanese Yen
We can see EUR/JPY is currently trading around our long term resistance zone . We have highlighted our flat channel and marked key levels in the market. Price has been gravitating towards these levels and bouncing.

Scaling down to the 4hr timeframe we can see a short term support zone marked with a black horizontal line.

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