EUR/JPY tests hourly 50-MA support

Bid tone around Yen spiked, pushing the EUR/JPY cross to the hourly 50-MA support of 115.53 on reports Trump is leading 24 to 3.

Trump takes Ohio

As per the latest report, Trump has taken Ohio. As per the historical data, candidate winning in Ohio has often ended up being President since 1940.

Still, this is too early to call anything, given that Clinton has secured victory in North Carolina. The cross was last seen trading around 115.63.

Technical Levels

Key support levels are – 115.53 (hourly 50-MA), 115.00 (hourly 100-MA + hourly 200-MA), 114.45 (50-DMA + 100-DMA).
Key resistance levels are – 116.02 (session high), 116.29 (Oct 6 high), 117.16 (July 27 high).