Daily Technical Analysis EUR/JPY (Daily) As we can see in the chart below, the EURJPY shows a perfect technical behavior in the long term, touching several times the bearish trend-line. With the euro bouncing right now from its lows reached in February, the pair moves towards the next resistances around 127.27 and 128.21. These are not very significant level, and will be possible crossed easily but, if we want to see a further bullish movement beyond the long term bearish trend-line (T1), something in fundamental terms should change first.
source from: http://www.liceza.com/
