Search ForexCrunch

EURJPY- The cross continues to face downside pressure leaving risk of more weakness to occur. On the downside, support comes in at the 136.00 level where a break will aim at the 135.50 level. A turn below here will target the 135.00 level with a breach turning focus to the 134.50 level. On the upside, resistance lies at the 137.00 level. Further out, resistance resides at the 137.50 level where a break if seen will threaten further upside towards the 138.00. Further out, resistance resides at the 139.00 level. All in all, the cross continues to face upside threats.


In our latest podcast we feature a  Greferendum preview, NFP review and more

Follow us on Sticher.