![(24 APRIL 2017):EUR / JPY:Consolidating after short-term increase. (24 APRIL 2017):EUR / JPY:Consolidating after short-term increase.](https://c.mql5.com/6/773/splash-693975.jpg)
(24 APRIL 2017):EUR / JPY:Consolidating after short-term increase.
24 April 2017, 14:15
![Jiming Huang Jiming Huang](https://c.mql5.com/avatar/2015/11/563C54E3-36DF.jpg)
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Consolidating after short-term increase.
• EUR/JPY has broken the resistance at 117.43
(23/11/2016 low). Other resistance stands at
122.88 (13/03/0217 high). Major support is given
at 114.90 (18/04/2017low).
• 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 at 94.12 (24/07/2012 low)
looks nonetheless far away
(By Peter Rosenstreich )