Home EUR/JPY Price Analysis: Euro challenging 2020 lows vs. Japanese yen
FXStreet News

EUR/JPY Price Analysis: Euro challenging 2020 lows vs. Japanese yen

  • EUR/JPY is on the verge of breaking to fresh 2020 lows. 
  • The level to beat for bears is the 115.45 support.
 

EUR/JPY four-hour chart

 
Euro/Yen has proved to be weak in the last sessions now challenging the 2020 low. A break below the 115.45 support can lead to further selling interest towards the 114.50 and 113.50 levels. On the flip side, resistance can emerge near 116.00, 116.50 and 117.00 levels.  
 
 
 
 
 
Resistance: 116.00, 116.50, 117.00
Support: 115.45, 114.50, 113.50

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.