EURJPY Analysis 12 January 2021

The EURJPY pair moved down below the 126.69 main resistance level. If the currency stays below 126.59 on a four hourly basis, we will watch the support levels at 125.85 and 125.07. On the other hand, If the pair rises above 126.69, the next resistance level is holding at 127.52.

Support : 125.85 - 125.07 - 124.24

Resistance : 126.69 - 127.52 - 128.39