After a steep 185-pip decline on Monday EUR/JPY has almost recouped all of its weekly losses by Friday. EUR/JPY is evolving in a bull channel and the last hurdle to higher prices is the current week’s high at 128.62. A bull breakout above the level can potentially open the gates to the 129.50 figure and supply level. EUR/JPY 15-minute chart Spot rate: 128.23 Relative change: 0.45% High: 128.62 Low: 127.50 Trend: Bullish Resistance 1: 128.62 current week’s high Resistance 2: 129.50 figure/supply level Resistance 3: 130.32 June’s high Support 1: 127.52 June 22 low Support 2: 126.99 June 21 low Support 3: 126.64 June 19 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 Wall Street closes mixed as trade concerns overshadow energy gains FX Street 3 years After a steep 185-pip decline on Monday EUR/JPY has almost recouped all of its weekly losses by Friday. EUR/JPY is evolving in a bull channel and the last hurdle to higher prices is the current week's high at 128.62. A bull breakout above the level can potentially open the gates to the 129.50 figure and supply level. EUR/JPY 15-minute chart Spot rate: 128.23 Relative change: 0.45% High: 128.62 Low: … Top 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.
