© Dukascopy Bank
Daily maximum: 109.82
Daily minimum: 108.93
|Despite neutral bias, the pair climbed sharply up to resistance of 109.69/79 and then retreated back to a support at 109.30, breached it and eroded further to 108.58. EUR/JPY may thus soon challenge next support at 108.14.
Daily Resistance: 111.28; 110.13; 109.30/45.
Daily Support: 109.04; 108.62/70; 107.32.
Daily Bias: Neutral.