EUR/JPY Price Analysis: Bulls come up to meet bears at daily resistance

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EUR/JPY Price Analysis: Bulls come up to meet bears at daily resistance EURJPY Technical Analysis

market that is attempting to break into the resistance area although shows prospects of a meanwhile correction into trendline support.EUR/JPY is testing resistance and has been supported along the way in the late 148s and the 149s so far. From an hourly perspective, we have the price climbing the trendline support and now moving steeply away from it to test the 150s. However, resistance here could prove fatal for the bulls. If the bears get below the trendline support, 148.

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