Bulls staged a reversal up attempt at 124.61 previous key level. The 124.00-125.00 area was an important support/resistance zone in June 2017. EUR/JPY is now trading above its 50, 100 and 200-period simple moving average on the 15-minute time-frame suggesting short-term bullish momentum. The last time EUR/JPY gained almost 200 pips in a day was in late March of this year. EUR/JPY 15-minute chart Spot rate: 126.80 Relative change: 1.04% High: 127.33 Low: 124.98 Trend: Neutral to bullish if 124.61 holds (low of 2018) Support 1: 126.00 handle Support 2: 124.61 current week and year’s low Support 3: 122.39 June 15, 2017 low Resistance 1: 127.33 current Wednesday’s high Resistance 2: 128.00 handle Resistance 3: 129.23 May 8 low 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 AUD/USD approaches 0.7600 as USD consolidates losses FX Street 5 years Bulls staged a reversal up attempt at 124.61 previous key level. The 124.00-125.00 area was an important support/resistance zone in June 2017. EUR/JPY is now trading above its 50, 100 and 200-period simple moving average on the 15-minute time-frame suggesting short-term bullish momentum. The last time EUR/JPY gained almost 200 pips in a day was in late March of this year. EUR/JPY 15-minute chart Spot rate: 126.80 Relative change: 1.04% High: … 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.
