EUR/JPY correction up found resistance near the 121.00 level. The level to beat for sellers is the 120.51 support. EUR/JPY daily chart EUR/JPY is rejecting the 121.00 figure and the 50-day simple moving average (SMA). The market remains vulnerable to the downside. EUR/JPY four-hour chart EUR/JPY correction found resistance near the 121.00 figure while below the 100/200 SMAs on the four-hour chart. Bears want a break below the 120.51 support for a potential continuation down towards the 120.10 and 119.80 levels, according to the Technical Confluences Indicator. Resistance: 121.00, 121.27, 121.70 Support: 120.51, 120.10, 119.80 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 EUR/USD: Lowest level since October an opportunity FX Street 2 years EUR/JPY correction up found resistance near the 121.00 level. The level to beat for sellers is the 120.51 support. EUR/JPY daily chart EUR/JPY is rejecting the 121.00 figure and the 50-day simple moving average (SMA). The market remains vulnerable to the downside. EUR/JPY four-hour chart EUR/JPY correction found resistance near the 121.00 figure while below the 100/200 SMAs on the four-hour chart. Bears want a break below the 120.51 support for a potential continuation down towards the 120.10 and 119.80 levels, according to the Technical Confluences Indicator. Resistance: 121.00, 121.27, 121.70 Support: 120.51, 120.10,… 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.