EUR/JPY stays offered below the 116.00 mark on Friday. Immediately to the downside aligns the yearly lows in the mid-114.00s. EUR/JPY is now attempting to consolidate in the sub-116.00 region following the rejection from weekly tops near 117.00 the figure earlier in the week. While trading below the short-term resistance line in the mid-116.00s, another visit to the YTD lows in the 114.50 area should not be ruled out On the broader picture, a more serious bullish attempt should clear the May’s top in the 117.75/80 band. This area of resistance is also reinforced by the 55-day SMA, today at 117.65. EUR/JPY daily chart 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 GBP/USD remains depressed near 1.2200 mark FX Street 2 years EUR/JPY stays offered below the 116.00 mark on Friday. Immediately to the downside aligns the yearly lows in the mid-114.00s. EUR/JPY is now attempting to consolidate in the sub-116.00 region following the rejection from weekly tops near 117.00 the figure earlier in the week. While trading below the short-term resistance line in the mid-116.00s, another visit to the YTD lows in the 114.50 area should not be ruled out On the broader picture, a more serious bullish attempt should clear the May’s top in the 117.75/80 band. This area of resistance is also reinforced by the 55-day SMA, today at… 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.
