Finally some respite for the cross after hitting fresh lows in the 129.00 neighbourhood on Friday, regaining the 130.00 handle and above following a better sentiment around the single currency at the beginning of the week. Another visit to the key 200-day SMA in the 131.80 region still remains on the cards, as the short-term support line held the initial test and the cross still trades above the daily cloud. On the downside, a breakdown of recent lows in the 129.00 region should open the door for a potential test of May’s low in the 124.60 zone. EUR/JPY daily chart Daily high: 129.55 Daily low: 129.20 Support Levels S1: 129.19 S2: 128.93 S3: 128.75 Resistance Levels R1: 129.63 R2: 129.82 R3: 130.08 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 Sweden: Higher rates? – Rabobank FX Street 5 years Finally some respite for the cross after hitting fresh lows in the 129.00 neighbourhood on Friday, regaining the 130.00 handle and above following a better sentiment around the single currency at the beginning of the week. Another visit to the key 200-day SMA in the 131.80 region still remains on the cards, as the short-term support line held the initial test and the cross still trades above the daily cloud. On the downside, a breakdown of recent lows in the 129.00 region should open the door for a potential test of May's low in the 124.60 zone. 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.
