EUR/JPY Technical Analysis: target is now at the 55-day SMA around 119.20

• EUR/JPY extends the leg lower and it has reached the key 100-day SMA in the mid-119.00s.
• Further south emerges another support of relevance in the 119.20 region, where sits the 55-day SMA.
• Occasional bullish attempts, however, are expected to meet initial resistance in the 120.00 neighbourhood.

EUR/JPY daily chart