EUR/JPY Technical Analysis: Euro slips through three major support price points

The Euro vs the Yen ended its uptrend journey in the bullish channel after ECB announced it would reduce its QE program in September and put an end in December. The Euro fell out of the bullish price channel and pierced through three major support price points and now attempts to hold at 128.069 support. Failure to maintain activities above 128.069 could see the pair fall further to 127.596 - 127.297. The first resistance is projected at 128.846


Neither LeoPrime nor any of its third-party Information Providers shall be liable for any direct, indirect, incidental, special or consequential damages arising out of or relating to this Agreement or resulting from the use or the inability to use the Services, including but not limited to damages for loss of profits, use, data or other intangible damages, even if such party has been advised of the possibility of such damages. LeoPrime shall have no liability, contingent or otherwise, to you or to third parties, for the correctness, quality, accuracy, timeliness, reliability, performance, continued availability, completeness or delays, omissions, or interruptions in the delivery of the data and services available on this Website or for any other aspect of the performance of this service or for any failure or delay in the execution of any transactions through this service. In no event will LeoPrime be liable for any special, indirect, incidental, or consequential damages which may be incurred or experienced on account of you using the data or services made available on this Website, even if LeoPrime has been advised of the possibility of such damages. LeoPrime will not bear any responsibility to inform you of any difficulties experienced by LeoPrime or third parties, with respect to the use of the services or to take any action in connection therewith.