EUR/JPY is extending the sidelined theme below the 122.00 handle and is at the same time eroding the 21-day SMA in the 121.30 region. Further rangebound is thus expected as long as the 55-day SMA, today at 121.88, caps the upside. The negative view on the cross is also reinforced by the short-term resistance line just below 122.00 the figure. 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: The greenback remains firm amidst rising odds for a test of YTD tops near 98.40 FX Street 4 years EUR/JPY is extending the sidelined theme below the 122.00 handle and is at the same time eroding the 21-day SMA in the 121.30 region. Further rangebound is thus expected as long as the 55-day SMA, today at 121.88, caps the upside. The negative view on the cross is also reinforced by the short-term resistance line just below 122.00 the figure. 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.
