The EUR/JPY has seen steady lift in July, closing on the green for nine consecutive trading days. The current intraday action is hesitating near recent peaks, and continued softness will see a bearish correction begin to form up. The pair’s pattern of consecutive lower highs on Daily candles has broken after July saw a break of June’s peaks near 130.35. EUR/JPY Chart, 15-Minute Spot rate: 131.56 Relative change: -0.01% High: 131.76 Low: 131.50 Trend: Flat to bullish Support 1: 131.06 (current week low) Support 2: 130.69 (61.8% Fibo retracement level) Support 3: 129.90 (July 11th swing low) Resistance 1: 131.76 (current day high) Resistance 2: 131.97 (current week high) Resistance 3: 132.42 (March 13th swing high) 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 US-China trade dispute to elevate geopolitical tensions, hurt smaller Asian economies – S&P FX Street 5 years The EUR/JPY has seen steady lift in July, closing on the green for nine consecutive trading days. The current intraday action is hesitating near recent peaks, and continued softness will see a bearish correction begin to form up. The pair's pattern of consecutive lower highs on Daily candles has broken after July saw a break of June's peaks near 130.35. EUR/JPY Chart, 15-Minute Spot rate: 131.56 Relative change: -0.01% High: 131.76 Low: 131.50 Trend: Flat to bullish Support 1: 131.06 (current week low) Support 2: 130.69 (61.8% Fibo retracement level) Support… 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.
