EUR/JPY keeps the recent range unchanged so far. Extra downside not ruled out below the 200-day SMA. EUR/JPY keeps the side-lined theme well in place for yet another session at the end of the week on the back of the recovery in both the European currency and its Japanese peer, all in response to some correction in the dollar. In the meantime, the broad range theme is expected to persist in the near-term between 120.05 (200-day SMA) and the vicinity of 116.00 (2020 lows). Further out, the likeliness of extra pullbacks should stay on the cards as well as the key 200-day SMA – today at 120.05 – caps the upside. 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 GBP/USD faces support around 1.1400 – UOB FX Street 2 years EUR/JPY keeps the recent range unchanged so far. Extra downside not ruled out below the 200-day SMA. EUR/JPY keeps the side-lined theme well in place for yet another session at the end of the week on the back of the recovery in both the European currency and its Japanese peer, all in response to some correction in the dollar. In the meantime, the broad range theme is expected to persist in the near-term between 120.05 (200-day SMA) and the vicinity of 116.00 (2020 lows). Further out, the likeliness of extra pullbacks should stay on the cards as well as the… 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.
