EUR/JPY shot aggressively higher at the end of last week and has eroded the mid October high at 121.47. Karen Jones of Commerzbank sets the new targets to reach for the pair. Key quotes “Our attention is on the 122.63/88 the recent high, but it is possible that this will hold the initial test. Above here will target 123.55, the 2018-2020 downtrend.” “Near term dips lower should be contained by the 20 day ma at 120.08.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next PBOC Official: Coronavirus outbreak has impact on firms’ ability to repay bonds but overall effect not huge FX Street 2 years EUR/JPY shot aggressively higher at the end of last week and has eroded the mid October high at 121.47. Karen Jones of Commerzbank sets the new targets to reach for the pair. Key quotes “Our attention is on the 122.63/88 the recent high, but it is possible that this will hold the initial test. Above here will target 123.55, the 2018-2020 downtrend.” “Near term dips lower should be contained by the 20 day ma at 120.08.” Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
