EUR/JPY has been on the defensive for the past week, capped by the 200-D SMA but supported by the 50-D SMA. EUR/JPY is in a neutral position with RSI directionless on the daily sticks. Spot rate: 129.94. High: 130.02 (Asia). Low: 129.93 (Asia). Trend: Neutral. Resistance 1: 130.36 (recent highs), 100-D SMA 130.16/10-D SMA 130.20. Resistance 2: 200 day sma and recent high at 131.78/98. Resistance 3: 133.48 April peak. Support 1: 129.80 Support 2: 129.26/08 – the 50 day sma and the top of the daily cloud. Support 3: 124.08 December 2016 high and the 50% retracement at 123.40. 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 Japan’s Ex-Currency Chief: No major changes in BoJ monetary policy likely today FX Street 5 years EUR/JPY has been on the defensive for the past week, capped by the 200-D SMA but supported by the 50-D SMA. EUR/JPY is in a neutral position with RSI directionless on the daily sticks. Spot rate: 129.94. High: 130.02 (Asia). Low: 129.93 (Asia). Trend: Neutral. Resistance 1: 130.36 (recent highs), 100-D SMA 130.16/10-D SMA 130.20. Resistance 2:… 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.
