EURJPY- With the cross vulnerable and targeting further downside, more decline is envisaged. Support comes in at the 138.50 level where a break will aim at the 138.00 level.
A break will target the 137.50 level with a breach turning focus to the 137.00 level. Below here will aim at the 136.50 level. On the upside, resistance resides at the 140.00 level where a break if seen will threaten further upside towards the 140.50.
Further out, resistance resides at the 141.00 level where a break will aim at the 141.50. All in all, the cross faces correction weakness risk.
