EUR JPY Fell below the handle in Forex market 2
9/22/2017 2:29:26 PM
EUR/JPY dropped below 150-EMA and made a session low of 133.53. Risk aversion has pushed the S&P 500 futures down by 0.33%.
The cross presently trades at the 1-hour 150-EMA level of 133.66. Failure of support at 133.27 could produce a sell-off to 133.03 and 132.66.
On the higher side, break of hurdle at 133.83 would expose upside towards 134.13 and 134.42.
FOREX market analysis by FxErvin.