The cross is now attempting some consolidation after the recent rejection from the key 200-day SMA in the 131.90 region. The positive prospects for the cross remains well and sound, as it keeps trading above the daily cloud. Another move to re-test the 132.00 neighbourhood stays alive as long as the cloud and the short-term support line (today at 129.00) continue to underpin. In addition, the daily RSI reads 59, while the ADX at 18 notes the weak momentum behind the trend. EUR/JPY daily chart Daily high: 131.23 Daily low: 130.59 Support Levels S1: 130.64 S2: 130.32 S3: 129.92 Resistance Levels R1: 131.37 R2: 131.78 R3: 132.10 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 Fed’s Bullard: Trump’s comments will not affect FOMC rate decisions FX Street 5 years The cross is now attempting some consolidation after the recent rejection from the key 200-day SMA in the 131.90 region. The positive prospects for the cross remains well and sound, as it keeps trading above the daily cloud. Another move to re-test the 132.00 neighbourhood stays alive as long as the cloud and the short-term support line (today at 129.00) continue to underpin. In addition, the daily RSI reads 59, while the ADX at 18 notes the weak momentum behind the trend. EUR/JPY daily chart Daily high: 131.23 Daily low: 130.59 Support… 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.
