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22 May 2014
EUR/JPY bounces at 138.70; back to 138.90
FXStreet (San Francisco) - After falling around 40 pip so far today against the Japanese Yen, the Euro seems to have found support at 138.70 as the EUR/JPY bounced to 138.90.
Currently, EUR/JPY is trading at 138.86, up 0.10% on the day, having posted a daily high at 139.16 and low at 138.64. EUR/JPY spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is strongly bearish.
EUR/JPY levels
With spot trading at 138.88, we can see next resistance ahead at 138.96 (Yesterday's High), 139.08 (Daily Classic R1), 139.16 (Daily High), 139.28 (Weekly High) and 139.40 (Hourly 200 SMA).
Support below can be found at 138.87 (Hourly 100 SMA), 138.83 (Hourly 20 EMA), 138.75 (Daily Open), 138.73 (Monthly Low) and 138.73 (Weekly Low).
Currently, EUR/JPY is trading at 138.86, up 0.10% on the day, having posted a daily high at 139.16 and low at 138.64. EUR/JPY spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is strongly bearish.
EUR/JPY levels
With spot trading at 138.88, we can see next resistance ahead at 138.96 (Yesterday's High), 139.08 (Daily Classic R1), 139.16 (Daily High), 139.28 (Weekly High) and 139.40 (Hourly 200 SMA).
Support below can be found at 138.87 (Hourly 100 SMA), 138.83 (Hourly 20 EMA), 138.75 (Daily Open), 138.73 (Monthly Low) and 138.73 (Weekly Low).