The cross has managed to rebound from the 3-month support line in the 129.40 region on Wednesday and is now looking to extend the bounce and break once again the 130.00 barrier on a more sustainable fashion. While this support area underpins, another test of the 200-day SMA around 132.00 the figure remains well on the cards. In the same line, the positive outlook is reinforced by the cross still trading above the daily cloud. EUR/JPY daily chart Daily high: 130.29 Daily low: 129.65 Support Levels S1: 129.62 S2: 129.08 S3: 128.74 Resistance Levels R1: 130.49 R2: 130.83 R3: 131.37 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 Draghi speech: Higher financial market volatility warrants constant monitoring FX Street 5 years The cross has managed to rebound from the 3-month support line in the 129.40 region on Wednesday and is now looking to extend the bounce and break once again the 130.00 barrier on a more sustainable fashion. While this support area underpins, another test of the 200-day SMA around 132.00 the figure remains well on the cards. In the same line, the positive outlook is reinforced by the cross still trading above the daily cloud. EUR/JPY daily chart Daily high: 130.29 Daily low: 129.65 Support Levels S1: 129.62 S2: 129.08 S3: 128.74 Resistance Levels R1:… 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.
