EUR/JPY keeps the recent range unchanged so far. Further pullbacks are on the table while below the 200-day SMA. The selling pressure around the European currency coupled with JPY-weakness is leaving the consolidative scenario around EUR/JPY unchanged for the time being. In the meantime, the broad range theme is expected to persist in the near-term between 120.00 (200-day SMA) and the vicinity of 116.00 (YTD lows). Above the 200-day SMA, today at 120.07, the downside pressure is expected to alleviate somewhat. EUR/JPY daily chart 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 Bitcoin Price Analysis: BTC/USD recovery stalled on approach to intraday resistance of $5,700 FX Street 2 years EUR/JPY keeps the recent range unchanged so far. Further pullbacks are on the table while below the 200-day SMA. The selling pressure around the European currency coupled with JPY-weakness is leaving the consolidative scenario around EUR/JPY unchanged for the time being. In the meantime, the broad range theme is expected to persist in the near-term between 120.00 (200-day SMA) and the vicinity of 116.00 (YTD lows). Above the 200-day SMA, today at 120.07, the downside pressure is expected to alleviate somewhat. EUR/JPY daily chart 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.
