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FX.co ★ EUR/JPY trying to test the round number 123.00 June 03, 2020

EUR/JPY trying to test the round number 123.00 June 03, 2020

EUR/JPY trying to test the round number 123.00 June 03, 2020

EUR/JPY is trying to reach the round number 123.00. However, it may meet resistance from the upper channel pitchfork. As long as the pair does not drop and close bellow the 120.75 level, it is likely to touch the upper line o the pitchfork and reach the 123.00 level.

Overall the EUR/JPY bias is Bullish.

(Disclaimer)

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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