EUR/JPY is accelerating the leg lower after breaking below the 10-day SMA in the 126.00 neighbourhood in past sessions. While the sentiment around the European currency remains sour, the cross could drop further and test the 123.60 region, where sits March’s low. In the meantime, the cross needs to clear the multi-month resistance line, today ay 126.64, to alleviate downside pressure and refocus to recent tops near 127.00 the figure. 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 German IFO business climate index drops to 99.2 in April, misses estimates FX Street 4 years EUR/JPY is accelerating the leg lower after breaking below the 10-day SMA in the 126.00 neighbourhood in past sessions. While the sentiment around the European currency remains sour, the cross could drop further and test the 123.60 region, where sits March's low. In the meantime, the cross needs to clear the multi-month resistance line, today ay 126.64, to alleviate downside pressure and refocus to recent tops near 127.00 the figure. 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.
