EUR/JPY’s rebound to multi-day highs comes along the risk-on mood. Immediately to the upside emerges the key 122.00 hurdle. EUR/JPY advances to multi-day peaks in well past the 121.00 yardstick at the beginning of the week, always on the back of the improved sentiment in the risk complex. If bull manage to push higher, then the next hurdle of relevance will be at the mid-June tops in the 122.00 neighbourhood. As long as the cross is above the 200-day SMA in the 119.60 region, the outlook on the cross is seen as constructive. This contention area is also reinforced by June’s lows in the 119.30 region. 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 USD/JPY faces declining bets of a move to 108.40 – UOB FX Street 3 years EUR/JPY’s rebound to multi-day highs comes along the risk-on mood. Immediately to the upside emerges the key 122.00 hurdle. EUR/JPY advances to multi-day peaks in well past the 121.00 yardstick at the beginning of the week, always on the back of the improved sentiment in the risk complex. If bull manage to push higher, then the next hurdle of relevance will be at the mid-June tops in the 122.00 neighbourhood. As long as the cross is above the 200-day SMA in the 119.60 region, the outlook on the cross is seen as constructive. This contention area is also reinforced by… 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.
