Another day, another drop in EUR/JPY. The cross keeps fading the up move to the 132.00 neighbourhood seen in the first half of July, now opening the door to a test of the short-term support line in the 129.30 region. Above 129.30, another visit to the 200-day SMA around 131.90 should not be ruled out. In addition, the constructive bias appears supported as long as the cross trades above the daily cloud. EUR/JPY daily chart Daily high: 130.21 Daily low: 129.76 Support Levels S1: 129.66 S2: 129.38 S3: 129.01 Resistance Levels R1: 130.32 R2: 130.68 R3: 130.97 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 erases CPI-led losses, turns flat on the day at 0.7425 FX Street 5 years Another day, another drop in EUR/JPY. The cross keeps fading the up move to the 132.00 neighbourhood seen in the first half of July, now opening the door to a test of the short-term support line in the 129.30 region. Above 129.30, another visit to the 200-day SMA around 131.90 should not be ruled out. In addition, the constructive bias appears supported as long as the cross trades above the daily cloud. EUR/JPY daily chart Daily high: 130.21 Daily low: 129.76 Support Levels S1: 129.66 S2: 129.38 S3: 129.01 Resistance Levels R1: 130.32 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.
