EUR/JPY meets interim support in the 125.30 region so far this week. A more relevant contention is located in the 124.30 area. Following last week’s 2020 tops near 126.80, EUR/JPY has embarked in a corrective downside which met support in the 125.30 zone for the time being. While the cross may enter into a brief consolidation period in the short-term horizon, further downside should not be ruled out. Against this, there is quite a moderate contention area in the 124.30/25 band ahead of the vicinity of 122.90. The constructive view around EUR/JPY is forecasted to remain unchanged while above the 200-day SMA at 120.29. 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 flat-lined below mid-105.00s, focus remains on FOMC minutes FX Street 2 years EUR/JPY meets interim support in the 125.30 region so far this week. A more relevant contention is located in the 124.30 area. Following last week’s 2020 tops near 126.80, EUR/JPY has embarked in a corrective downside which met support in the 125.30 zone for the time being. While the cross may enter into a brief consolidation period in the short-term horizon, further downside should not be ruled out. Against this, there is quite a moderate contention area in the 124.30/25 band ahead of the vicinity of 122.90. The constructive view around EUR/JPY is forecasted to remain unchanged while above 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.
