Eurjpy has formed fakey pin bar on 140.45 resistance area. After that pin bar it is falling. Recent momentum is down. So this pair can down more. We have to sell on this pair from retrace area. Near term sell zone lies on 139.60 and 140 level. We can target 138 level for our sell. Above 140.50 and 141 area, this pair can continue its bullish rally.
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Weekly Pivot, Support and Resistance
Resistance Two (R2): 141.86
Resistance One (R1): 140.53
Pivot Point: 139.32
Support One (S1): 137.99
Support Two (S2): 136.78
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