EUR/JPY stays offered below 120.06/119.91 Fibo and eyes look to 114.86 2017 low. 3-month downtrend at 121.77/72 is key on the upside. EUR/JPY dropped below 120.06/119.91 Fibo support following last week’s sell-off below the weekly trendline support and remains under pressure. Bears can target the 117.85 January spike low from here which guards the 114.86 2017 low. A break there opens the 108.80 key support area. On the upside, key short-term resistance comes in at the 55-day moving average ahead of the 3-month downtrend at 121.77/72. 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/CNH: Offshore Yuan slides to lowest since January 2017 FX Street 4 years EUR/JPY stays offered below 120.06/119.91 Fibo and eyes look to 114.86 2017 low. 3-month downtrend at 121.77/72 is key on the upside. EUR/JPY dropped below 120.06/119.91 Fibo support following last week's sell-off below the weekly trendline support and remains under pressure. Bears can target the 117.85 January spike low from here which guards the 114.86 2017 low. A break there opens the 108.80 key support area. On the upside, key short-term resistance comes in at the 55-day moving average ahead of the 3-month downtrend at 121.77/72. 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.
