EURJPY Pivot Levels for 08/06/2015

The 5-minute chart on the EUR/JPY forex pair is showing a nice pivot zone at 136.19. Price had trouble getting over this level earlier in the day (red arrow). Price also used the 136.19 area as support (green arrow). I now consider this level to be a valid pivot zone, so if the market descends back down to this area over the next 8-12 hours, look for trading opportunities there!