The cross met strong resistance in levels just beyond 132.00 the figure, where sits the key 200-day SMA. Bullish momentum, however, remains unchanged while above mid-June peaks in the 130.40 band. This view should be reinforced as long as the cross trades above the daily cloud. Further upside is expected to target the 133.50 region, levels last traded in mid-April. Additionally, the cross has retreated from the boundaries of the overbought territory, motivating the daily RSI to recede to the 59 area. EUR/JPY daily chart Daily high: 131.79 Daily low: 130.88 Support Levels S1: 131.37 S2: 131.12 S3: 130.80 Resistance Levels R1: 131.94 R2: 132.26 R3: 132.51 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 RUB: No approval for Putin-Trump bromance – Rabobank FX Street 5 years The cross met strong resistance in levels just beyond 132.00 the figure, where sits the key 200-day SMA. Bullish momentum, however, remains unchanged while above mid-June peaks in the 130.40 band. This view should be reinforced as long as the cross trades above the daily cloud. Further upside is expected to target the 133.50 region, levels last traded in mid-April. Additionally, the cross has retreated from the boundaries of the overbought territory, motivating the daily RSI to recede to the 59 area. EUR/JPY daily chart Daily high: 131.79 Daily low: 130.88 Support Levels… 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.
