The EURJPY remains in an uptrend mood (122.28 trend line) with the closest target rate at 124.44. A break above the 124.44 level could possibly force the pair as high as 125.45. In contrast, support is found at the 122.28 and 121.95 respectively. A break below the 121.95 could possibly force the pair as low as 121.30. The RSI (DAY) remains at the neutral territory. The CCI (DAY) remains closed at the overbought territory.

 

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Christos Nikolaou

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