Be aware. The 100 day MA in the EURJPY held resistance at 133.00 area.

Technical Analysis

Author: Greg Michalowski | eurjpy

High extended to 132.97.

Be aware. The EURJPY moved up to test the 100 day MA at 132.995 and stalled. The high price reached 132.97 and backed off. The price is trading at 132.81 currently.

Although finding sellers, the downside today has also found support buyers near the 200 day MA at 132.169. The low price reached 132.11.  

So there is a little bull, and there is a little bear in the pair as the price ping pongs between the support and the resistance from the MA lines.  
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