EUR/JPY filling bullish gap near to the 145.27 level at H1 chart

The EURJPY has completed the bullish gap and now this pair is below the daily pivot point level of 145.27.

The EURJPY is confronted to a strong support level at 144.72, where the pair may have a bullish momentum to consolidate above the pivot point and climb to the resistance level of 146.24 in the short term. On the other hand, if the EURJPY breakout hits a support level at 144.72, it’s expected to fall to the level of 143.45, which is close to the 200 day moving average.

The MACD indicator remains in negative territory.

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