EUR/JPY came under further selling pressure following the sharp pullback in the European currency and is testing the critical 200-day SMA and the short-term support line around the 131.00 neighbourhood. A break below this area should allow the decline to test the 55-day SMA and the 100-day SMA at 129.62 and 129.37, respectively. In case the selling impetus intensifies its pace, September’s low at 127.86 would come to the fore. EUR/JPY daily chart Daily high: 131.59 Daily low: 131.00 Support Levels S1: 130.95 S2: 130.44 S3: 129.91 Resistance Levels R1: 131.99 R2: 132.52 R3: 133.03 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 Ethereum price analysis: ETH/USD reclaims $220 support as ETH 2.0 Casper and Sharding client Prysm beta launches FX Street 4 years EUR/JPY came under further selling pressure following the sharp pullback in the European currency and is testing the critical 200-day SMA and the short-term support line around the 131.00 neighbourhood. A break below this area should allow the decline to test the 55-day SMA and the 100-day SMA at 129.62 and 129.37, respectively. In case the selling impetus intensifies its pace, September's low at 127.86 would come to the fore. EUR/JPY daily chart Daily high: 131.59 Daily low: 131.00 Support Levels S1: 130.95 S2: 130.44 S3: 129.91 Resistance Levels R1: 131.99 R2:… 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.
