Trial now
BRENT TECHS

(Z1) Fresh Trend High

EQUITY TECHS

E-MINI S&P (Z1): Approaching The All-Time High

USDCAD TECHS

Bear Leg Extends

AUDUSD TECHS

Northbound

MNI EXCLUSIVE

Bank Indonesia

Sign up now for free access to this content.

Please enter your details below and select your areas of interest.

  • RES 4: 131.76 61.8% retracement of the Jun - Sep downleg
  • RES 3: 131.09 High Jul 13
  • RES 2: 130.75 High Sep 3 bull trigger
  • RES 1: 130.38 High Sep 14 high
  • PRICE: 130.26 @ 18:45 BST Sep 28
  • SUP 1: 129.38 20-day EMA
  • SUP 2: 127.94/93 Low Aug 19 / Low Sep 22 the bear trigger
  • SUP 3: 127.88 50.0% retracement of the Oct '20 - Jan rally
  • SUP 4: 127.50 Low Feb 22

EURJPY traded sharply higher on Sep 23 and bulls have not looked back as the cross extends gains. The bounce follows a failure last week to clear support at 127.94, Aug 19 low. A continuation higher would signal scope for gains towards the key short-term resistance at 130.75, Sep 3 high and a bull trigger. On the downside, price needs to clear support at 127.94/93 to signal a resumption of the downtrend. Initial support is at 129.38.