EUR/JPY comes under pressure and drops to the sub-125.00 area. The so far monthly lows around 124.00 emerges as the next support. EUR/JPY’s rally managed to hit fresh tops near 125.60 on Thursday, although the move struggled to push further north and sparked the ongoing corrective downside. In spite of the knee-jerk, extra gains remain well on the cards and underpinned by the generalized improvement in the risk complex. Against this, the next key hurdle emerges at the mid-127.00s, where sits the March 2019 high. If sellers remain in control in the short-term, then EUR/JPY risks a visit to last week’s lows around the 124.00 mark (August 3). 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 AUD/USD slides below 0.7150 as USD starts week on strong footing FX Street 2 years EUR/JPY comes under pressure and drops to the sub-125.00 area. The so far monthly lows around 124.00 emerges as the next support. EUR/JPY’s rally managed to hit fresh tops near 125.60 on Thursday, although the move struggled to push further north and sparked the ongoing corrective downside. In spite of the knee-jerk, extra gains remain well on the cards and underpinned by the generalized improvement in the risk complex. Against this, the next key hurdle emerges at the mid-127.00s, where sits the March 2019 high. If sellers remain in control in the short-term, then EUR/JPY risks a visit to last… 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.
