EURJPY 30-Minute Chart Pivot Levels for 08/11/2015

The EUR/JPY Forex pair has been on a major rally over the past two days. Even in bull markets such as this, pivot areas do form! The 136.78 area is a very clean pivot zone in my opinion. This area was respected by the market as support/resistance, so I think it bears a mention. This area is likely to provide some support in the future, since price is currently trading above 136.78.


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