EUR/JPY faces trendline support around 135.5,good to buy at dips
EUR/JPY is facing major trend line support around 135.50 (trend line joining 134.79 and 134.95) and weakness can be seen only below this level.
Any break below 135.50 will drag the pair till 135.25/134.80.
On the higher side major resistance is around 136.40 and break will take the pair to next target 137.
It is good to buy at dips 135.55-60 with SL around 135.20 for the TP 136.40/137
Any break below 135.50 will drag the pair till 135.25/134.80.
On the higher side major resistance is around 136.40 and break will take the pair to next target 137.
It is good to buy at dips 135.55-60 with SL around 135.20 for the TP 136.40/137