EUR/JPY Daily Chart Might Turn Bullish

Technical analysis of Forex market

The EUR/JPY might make a possible bounce in the zone as the price is supported by historical buying.

We might see a nice move in EUR/JPY as the price is in the POC zone. If 127.00 stays strong we could see rejections between 127.10-128.00 and the market might go up. If that happens, targets are 130.45, 131.30 and 132.26. This is a possible swing trade idea and it can take some time to develop.