EURJPY was expecting to reach February First week high last night but failed to reach the target. Bears managed to change the market situation today after reaching the 125.900 neighborhood. As of writing, currently pausing at 125.600 hourly support barrier, EURJPY is expected to slide further downside en route reaching to 124.500. Main support at 125.300 is to be noted as a strong barrier which also confluences at 61.8 Fibonacci level.EUR bears may face many barriers but somehow expected to reach 124.500. Bulls surpassing this area will reduce downside pressure and should allow the cross to re-target the 126.00 neighborhood, at 2019 peak and further northside.

EURJPY TODAY:
Daily open: 125.445
Daily Last high: 125.937
Daily Last Low: 125.346
Daily current growth: +0.13%