EUR/JPY
The strengthening of the euro in recent days push the price of pair Euro - Japanese yen, the two candles before today's meeting shows bearish, although not yet finished the trading day, and we believe that if the pair continued their upward trend will rise to the level of 124.00.
However, a daily close below the weekly pivot line around 121.60, would show signs of a trend change that would lead to the nearest support around 117.80. we recommend taking a bearish position, only if the price is below the weekly pivot line.
