Forex technical analysis: EURJPY bounces toward resistance

Technical Analysis

Author: Greg Michalowski | eurjpy

I expect sellers against 131.51-579 area

The EURJPY is seeing a rotation back toward the 100 hour MA and the 200 day MA at 131.51-579 area.  Look for sellers on a test. The 200 day MA should be a ceiling on the back of the break back below the MA today.