14 Jul 2014
EUR/JPY consolidates above 138.00
FXStreet (Córdoba) - The EUR/JPY climbed more than half a cent during the European session and scored a 4-day high supported by positive sentiment in markets.
EUR/JPY regains 138.00
The EUR/JPY regained the 138.00 mark and rallied to a high of 138.39 before losing momentum. With the subsequent dip contained by 138.20, the pair was confined to a range and it is currently trading at 138.25, up 0.29% on the day.
EUR/JPY levels to watch
As for technical levels, if the EUR/JPY breaks above 138.39, next resistances could be found at 138.66 (Jul 10 high), 138.75 (Jul 9 high) and 139.00 (psychological level). On the other hand, supports are seen at 137.67 (Jul 11 low), 137.48 (Jul 10 low) and 137.00 (psychological level).
EUR/JPY regains 138.00
The EUR/JPY regained the 138.00 mark and rallied to a high of 138.39 before losing momentum. With the subsequent dip contained by 138.20, the pair was confined to a range and it is currently trading at 138.25, up 0.29% on the day.
EUR/JPY levels to watch
As for technical levels, if the EUR/JPY breaks above 138.39, next resistances could be found at 138.66 (Jul 10 high), 138.75 (Jul 9 high) and 139.00 (psychological level). On the other hand, supports are seen at 137.67 (Jul 11 low), 137.48 (Jul 10 low) and 137.00 (psychological level).