© Dukascopy Bank
Daily maximum: 110.46
Daily minimum: 108.64
The pair tested 110.42/09 at the beginning of the day, but breached a support at 110.10 and followed expected bearish path, violating supports at 109.42 and 108.87. EUR/JPY is expected to prolong its downward trend, but at a slower pace.
Daily Resistance: 110.97; 110.42; 109.60/65.
Daily Support: 109.41; 108.87/61; 107.87.
Daily Bias: Bearish.