EURJPY important support and resistance levels !

EURJPY

EURJPY has really interesting chart in weekly and daily timeframes
If you want to look at it , start looking from weekly timeframe and see the down trendline which is recently broken .
But let's take a look at daily now and check some important points :
1- the price is in a uptrend channel and recently the price has seen a great support in the bottom of channel (but that was not the only reason that price were supported so nicely , there are other technical reasons)
2- it's also still in a downtrend channel which leaded the price to the bottom of our bigger long term channel and then support
3- there are some great support and resistance levels that we can see in the chart

---- the most important support and resistance levels are.... :
SUPPORTS :
121.700
125.100
128.000 (this price has acted as a really strong support)
So if you decide to go for short and join bears , it's better to enter the market in one of the mentioned support levels
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RESISTANCES :
136.600 (which is so close to us and we maybe can go short in this price , check the chart in this week and if it was being a resistance , don't miss it)
132.600 (0.618 Fib retracement)
134.116
137.500
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what's your idea about it ? I'd be glad if you mention your view in comments ;)
I hope you like it !

Comment:

*this is just a personal analysis and this person has no responsibility of your trade and risk*