“¢ The cross built on overnight bullish breakthrough a two-week-old descending trend-line hurdle and got an additional boost after the latest BoJ monetary policy update. “¢ The fact that bulls have managed to lift the cross further beyond 200-hour SMA and the key 130.00 psychological mark adds credence to near-term bullish breakout. “¢ With technical indicators on the 1-hourly chart holding in positive territory, today’s EZ macro data – flash CPI and GDP, will now be looked upon for some fresh bullish impetus. EUR/JPY 1-hourly chart Spot rate: 130.37 Daily Low: 129.68 Daily High: 130.51 Trend: Bullish Resistance R1: 130.56 (100-period SMA H4) R2: 130.75 (previous week’s swing high) R3: 131.12 (R3 daily pivot-point) Support S1: 130.00 (round figure mark) S2: 129.68 (current day swing low) S3: 129.13 (50-day SMA) 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 keeps the bearish view for the time being – Danske Bank FX Street 5 years "¢ The cross built on overnight bullish breakthrough a two-week-old descending trend-line hurdle and got an additional boost after the latest BoJ monetary policy update. "¢ The fact that bulls have managed to lift the cross further beyond 200-hour SMA and the key 130.00 psychological mark adds credence to near-term bullish breakout. "¢ With technical indicators on the 1-hourly chart holding in positive territory, today's EZ macro data - flash CPI and GDP, will now be looked upon for some fresh bullish impetus. EUR/JPY 1-hourly chart Spot rate: 130.37 Daily Low: 129.68 Daily High:… 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.
