EUR/JPY is extending the leg lower, advancing in just two out of the last nine sessions following 3-month peaks in the 132.00 neighbourhood (July 17). The cross pierced the critical short-term support line around 129.65 and has now opened the door for extra pullbacks. Strong support, however, should emerge in the top of the cloud near 129.00 the figure. As long as this area holds, a potential re-test of the 200-day SMA in the 131.80 area remains on the cards. EUR/JPY daily chart Daily high: 129.55 Daily low: 129.20 Support Levels S1: 129.20 S2: 128.90 S3: 128.35 Resistance Levels R1: 130.05 R2: 130.60 R3: 130.90 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 BoJ: Speculation emerging over a policy shift next week – TDS FX Street 5 years EUR/JPY is extending the leg lower, advancing in just two out of the last nine sessions following 3-month peaks in the 132.00 neighbourhood (July 17). The cross pierced the critical short-term support line around 129.65 and has now opened the door for extra pullbacks. Strong support, however, should emerge in the top of the cloud near 129.00 the figure. As long as this area holds, a potential re-test of the 200-day SMA in the 131.80 area remains on the cards. EUR/JPY daily chart Daily high: 129.55 Daily low: 129.20 Support Levels S1: 129.20 S2:… 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.
