The down move in EUR/JPY appears to have met decent support in the area of 4-week lows near 119.20, where also sits the key 55-day SMA. If this area is cleared, there is no relevant support levels until October lows in the 117.00 neighbourhood ahead of the 2019 low in sub-116.00 levels recorded in early September. Occasional bullish attempts, however, are expected to meet initial resistance in the 120.00 neighbourhood ahead of the 21-day SMA, today at 120.57. 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 China gets ready for the digital currency as central bank pilots restriction on large cash transfers FX Street 3 years The down move in EUR/JPY appears to have met decent support in the area of 4-week lows near 119.20, where also sits the key 55-day SMA. If this area is cleared, there is no relevant support levels until October lows in the 117.00 neighbourhood ahead of the 2019 low in sub-116.00 levels recorded in early September. Occasional bullish attempts, however, are expected to meet initial resistance in the 120.00 neighbourhood ahead of the 21-day SMA, today at 120.57. 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.
