EUR/JPY is prolonging the sideline theme in the lower end of the recent range following last week’s sell off to the 125.60 region. On the upside, the cross needs to overcome recent peaks in the 126.80 area. This region of resistance appears reinforced by the short-term resistance line, today at 126.73. Above this zone, the downside pressure should be alleviated, opening the door at the same time for a potential test of 2019 highs in the mid-127.00s. EUR/JPY daily chart 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 US Dollar Index Technical Analysis: Immediate target on the upside sits at 97.50 FX Street 4 years EUR/JPY is prolonging the sideline theme in the lower end of the recent range following last week's sell off to the 125.60 region. On the upside, the cross needs to overcome recent peaks in the 126.80 area. This region of resistance appears reinforced by the short-term resistance line, today at 126.73. Above this zone, the downside pressure should be alleviated, opening the door at the same time for a potential test of 2019 highs in the mid-127.00s. 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.
