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3 Jul 2014
EUR/JPY tests 139.25 but rejected again
FXStreet (San Francisco) - The cocktail of Mario Draghi's press conference and the US employment report send the EUR/JPY to test the 139.25 area but the pair was rejected again and launched below the 139.00.
Currently, EUR/JPY is trading at 139.01, up 0.02% on the day, having posted a 3-week high at 139.31. EUR/JPY spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bearish.
EUR/JPY levels
If the pair loses the 139.00 level, it would face supports at 138.90, 138.70 and 138.50. On the upside, resistances are at 139.25, 139.40 and 139.60.
Currently, EUR/JPY is trading at 139.01, up 0.02% on the day, having posted a 3-week high at 139.31. EUR/JPY spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bearish.
EUR/JPY levels
If the pair loses the 139.00 level, it would face supports at 138.90, 138.70 and 138.50. On the upside, resistances are at 139.25, 139.40 and 139.60.