3 Oct 2019
EUR/JPY Technical Analysis: Remains under pressure around 4-week lows
- EUR/JPY keeps the bearish view unchanged so far this week, dropping and rebounding from new multi-week lows near 117.20.
- Immediately to the downside emerges the late August low at 116.56 ahead of the 2019 low at 115.86 recorded on September 3rd.
- On the broader view, while the 3-month resistance line at 119.09 caps the upside, the negative stance remains intact.
EUR/JPY daily chart
