EUR/JPY has again recovered ahead of the one-month uptrend line at 116.76 which is expected to underpin the market, according to Commerzbank’s Karen Jones. Follow the last updates on EUR/JPY moves Key quotes “Beyond the uptrend line at 116.76 we should see recovery to the April high and also the 200-day moving average at 119.03/119.30. Further up the 55-week ma lies at 119.73 and the 2019-2020 resistance line lies at 121.00.” “Dips will find support at 116.86/76, the mid-May high, and the near-term uptrend, and an upside bias remains while above there. Below here lies the 115.34 mid-May trough.” 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 Oil: Gains fueled by demand recovery cap due to geopolitical issues – ANZ FX Street 3 years EUR/JPY has again recovered ahead of the one-month uptrend line at 116.76 which is expected to underpin the market, according to Commerzbank’s Karen Jones. Follow the last updates on EUR/JPY moves Key quotes “Beyond the uptrend line at 116.76 we should see recovery to the April high and also the 200-day moving average at 119.03/119.30. Further up the 55-week ma lies at 119.73 and the 2019-2020 resistance line lies at 121.00.” “Dips will find support at 116.86/76, the mid-May high, and the near-term uptrend, and an upside bias remains while above there. Below here lies the 115.34 mid-May trough.” 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.
