The cross initial upside met strong resistance at the 132.00 neighbourhood, coincident with July’s peaks. After the initial up move, EUR/JPY has come under some downside pressure, although the area around the key 220-day SMA at 131.00 offered decent contention for the time being. This area of support is also reinforced by the 210-day SMA at 130.93 and the short-term support line, today at 130.65. Initially, the cross should regain the 132.00 area on a sustainable basis to allow a potential re-test of recent peaks above 133.00 the figure. EUR/JPY daily chart Daily high: 132.00 Daily low: 130.96 Support Levels S1: 130.64 S2: 130.02 S3: 129.33 Resistance Levels R1: 131.95 R2: 132.64 R3: 133.26 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 SEK remains vigilant on politics – Danske Bank FX Street 4 years The cross initial upside met strong resistance at the 132.00 neighbourhood, coincident with July's peaks. After the initial up move, EUR/JPY has come under some downside pressure, although the area around the key 220-day SMA at 131.00 offered decent contention for the time being. This area of support is also reinforced by the 210-day SMA at 130.93 and the short-term support line, today at 130.65. Initially, the cross should regain the 132.00 area on a sustainable basis to allow a potential re-test of recent peaks above 133.00 the figure. 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.
