EUR/JPY is extending the leg lower for the fifth straight session today, briefly testing lows in the 129.70 area albeit regaining 130.00 the figure later. The cross is eroding the key resistance area around 130.40, or June peaks, although it still manages to keep business above the daily cloud (bullish) and the short-term support line (around 1280.90), which should keep alive another potential test of the 132.00 neighbourhood. Additionally, the daily RSI is around 50, while the ADX at 20 denotes a somewhat weak trend. EUR/JPY daily chart Daily high: 130.39 Daily low: 129.74 Support Levels S1: 129.79 S2: 129.38 S3: 128.90 Resistance Levels R1: 130.68 R2: 131.16 R3: 131.56 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 NEO price analysis: NEO/USD goes ballistic on the day; surges over 7% and retests $35.00 FX Street 5 years EUR/JPY is extending the leg lower for the fifth straight session today, briefly testing lows in the 129.70 area albeit regaining 130.00 the figure later. The cross is eroding the key resistance area around 130.40, or June peaks, although it still manages to keep business above the daily cloud (bullish) and the short-term support line (around 1280.90), which should keep alive another potential test of the 132.00 neighbourhood. Additionally, the daily RSI is around 50, while the ADX at 20 denotes a somewhat weak trend. EUR/JPY daily chart Daily high: 130.39 Daily low: 129.74… 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.
