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  • EUR/JPY is breaking to fresh 2020 lows. 
  • The level to beat for bears is the 114.50 support.
 

EUR/JPY four-hour chart

 
Euro/Yen is weakening to fresh 2020 lows while below the main SMAs on the four-hour chart. A break below the 114.50 support can lead to further selling interest towards the 113.50 and 113.00 levels. Conversely, resistance can be expected near 115.50 and the 116.00 levels.
 
 
Resistance: 116.00, 116.50, 117.00
Support: 115.45, 114.50, 113.50
 

 

Additional key levels