EUR/JPY remains under selling pressure into the end of the trading week. The level to beat for sellers is the 119.90 support. EUR/JPY daily chart EUR/JPY is fading the 121.00 figure and the main daily simple moving average (SMA). The spot is vulnerable to the downside. EUR/JPY four-hour chart The EUR/JPY correction found resistance near the 121.00 figure as the spot is now trading below the main SMAs on the four-hour chart. Bears want a break below the 119.90 support for a potential bearish extention down towards the 119.43 and 119.06 levels, according to the Technical Confluences Indicator. Resistance: 120.56, 121.00, 121.27 Support: 119.90, 119.43, 119.06 Additional key levels 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 Gold: Technically bullish FX Street 2 years EUR/JPY remains under selling pressure into the end of the trading week. The level to beat for sellers is the 119.90 support. EUR/JPY daily chart EUR/JPY is fading the 121.00 figure and the main daily simple moving average (SMA). The spot is vulnerable to the downside. EUR/JPY four-hour chart The EUR/JPY correction found resistance near the 121.00 figure as the spot is now trading below the main SMAs on the four-hour chart. Bears want a break below the 119.90 support for a potential bearish extention down towards the 119.43 and 119.06 levels, according to the Technical… 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.
