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Gold •15 mins	1,580.80	-61.70	-3.76%
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WTI Crude •11 mins	45.09	-2.00	-4.25%
Gasoline •11 mins	1.483	-0.038	-2.47%
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Silver •15 mins	16.60	-1.14	-6.40%

Silver • 15 mins	16.60	-1.14	-6.40%
Copper • 15 mins	2.543	-0.029	-1.13%
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Natural Gas • 10 mins	1.696	-0.056	-3.20%
Heating Oil • 10 mins	1.486	-0.002	-0.11%

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EUR/JPY - Heading Towards Support At 118.73

By - Jun 14, 2016, 6:04 AM CDT

EUR/JPY's weakness continues. The pair is trading lower. Support is now a long-term support located at 118.73 (25/02/2013 low). Hourly resistance can be found at 122.70 (07/06/2016 high). Expected to show continued weakness.

In the longer term, the technical structure validates a medium-term succession of lower highs and lower lows. As a result, the resistance at 149.78 (08/12/2014 high) has likely marked the end of the rise that started in July 2012. Strong support is given at 118.73 (25/02/2013 low). A key resistance can be found at 141.06 (04/06/2015 high).

Daily Technical Report