EUR/JPY is prolonging the weekly leg lower and is now flirting with the key contention area in the 120.00 neighbourhood. The continuation of the selling bias could see the key 100-day SMA at 119.55 re-tested in the short-term horizon ahead of the 55-day SMA at 119.13. On the flip side, the upside bias appears limited by recent peaks in the 121.50 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 ECB: Rate cuts, more QE and looser TLTRO all possible – ABN AMRO FX Street 3 years EUR/JPY is prolonging the weekly leg lower and is now flirting with the key contention area in the 120.00 neighbourhood. The continuation of the selling bias could see the key 100-day SMA at 119.55 re-tested in the short-term horizon ahead of the 55-day SMA at 119.13. On the flip side, the upside bias appears limited by recent peaks in the 121.50 region. 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.