Today, the EURJPY broke support with momentum. What now for the trend? - ConsultFX

Today, the EURJPY broke support with momentum. What now for the trend?

Keeping an eye on the 5- minute for intraday clues Yesterday, the EURJPY toyed with a trend line on the hourly chart AND the 200 hour MA ().  The price fell below each technical level twice but could not sustain any downside momentum.   As a result, the price rallied into the early hours of the Asia Copyright 2015 Forexlive.com