Upside in EUR/JPY lost momentum above 121.00. Further up aligns the 21-day SMA at 121.27. EUR/JPY has accelerated the upside after surpassing the key 200-day SMA in the 120.60 region on Tuesday, breaking above the multi-session side-lined trade at the same time. Interim resistance emerges at the 55-day SMA just above 121.00 the figure. Further up emerges the next target of relevance near 121.30, home of the 21-day SMA. Looking at the broader view, while above the 200-day SMA the cross should keep the near-term positive stance. 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 ECB’s Lane: With recovery, maximum achievable interest rate might be 2-3% FX Street 2 years Upside in EUR/JPY lost momentum above 121.00. Further up aligns the 21-day SMA at 121.27. EUR/JPY has accelerated the upside after surpassing the key 200-day SMA in the 120.60 region on Tuesday, breaking above the multi-session side-lined trade at the same time. Interim resistance emerges at the 55-day SMA just above 121.00 the figure. Further up emerges the next target of relevance near 121.30, home of the 21-day SMA. Looking at the broader view, while above the 200-day SMA the cross should keep the near-term positive stance. 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.
