FXMarketAlerts Team
FXMarketAlerts
Published at 12:05 (GMT) 21 Oct
12::05 GMT - EUR/JPY may have fully reversed Mon's rally, but we do not see any signs of a new breakdown while the mkt is still above the 135.73 level on a closing basis so far this week. As long as the mkt can hold the 136.00/135.73 zone in the hours ahead,there is some intraday bounce potential back toward 137.00/07. R.Z
R5: 137.58 * 50-day MA
R4: 137.30 intraday level
R3: 137.07 10 Oct high
R2: 137.01 20 Oct high
R1: 137.00 figure
S1: 135.73 * 08 Aug low
S2: 135.55 13 Oct low
S3: 135.14/04 * 15, 14 Oct lows
S4: 135.00 figure
S5: 134.14 * 16 Oct low
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