Forex - Chart EUR/JPY Update: Weighing on the 120.78 low, break in focus


 00:18 (GMT) 22 Jul

  [Forex Charts]

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Chart EUR/JPY Update: Weighing on the 120.78 low, break in focus (0101-MQVL-C01)

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Asterisk denotes strength of level

01:15 GMT - Still heavy and risk seen for break of the 120.78 low to further extend the down-leg from the Mar high. Lower will target 120.30 then the 120.00 level. Further out, but out of reach for now, is the 118.71, Jan YTD low. Upside seen well contained with resistance now at the 121.32/62 area then the 122.00 level.


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