EUR/JPY is trading off the session highs. The level to beat for bears is the 115.50 support. EUR/JPY four-hour chart EUR/JPY is trading in a bear trend below its main SMAs on the four-hour chart. However, the spot is having a reaction up and is challenging the 116.00 figure near the 100 SMA. Since the overall bias is down, this bounce is unlikely to go far with bears still looking for a retest of the 115.50 support followed by more down towards the 115.00 figure. On the flip side, strong resistance is expected near the 116.00 figure while further up lie the 116.50 level which is likely to act as resistance as well. Resistance: 116.00, 116.50, 117.00 Support: 115.50, 115.00, 114.50 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. View All Post By FX Street FXStreet News share Read Next Gold testing 8-year highs at $1747 FX Street 2 years EUR/JPY is trading off the session highs. The level to beat for bears is the 115.50 support. EUR/JPY four-hour chart EUR/JPY is trading in a bear trend below its main SMAs on the four-hour chart. However, the spot is having a reaction up and is challenging the 116.00 figure near the 100 SMA. Since the overall bias is down, this bounce is unlikely to go far with bears still looking for a retest of the 115.50 support followed by more down towards the 115.00 figure. On the flip side, strong resistance is expected near the 116.00 figure while… Top 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.
