Forex technical analysis: EURJPY cracks below a trend line but 100 hour MA stalls the fall - ConsultFX

Forex technical analysis: EURJPY cracks below a trend line but 100 hour MA stalls the fall

Buyers come in on queue Be aware.  The EURJPY hit a resistance ceiling area earlier in the session and rotated lower. However, Be aware that although the price fell below a trend line, the 100 and moving average stole the full at the 135.55 level. That has given the dip buyers a reason to stick a toe Copyright 2015 Forexlive.com