5 Sep 2013
EUR/JPY steady after ECB stands pat
FXstreet.com (Córdoba) - The euro held pretty steady near daily highs after the European Central Bank decided to keep its monetary policy unchanged Thursday.
EUR/JPY clings to 132.00, Draghi in focus
EUR/JPY has continued to flirt with the 132.00 mark where it was just before the release, having reached a fresh 10-day high of 132.14 in recent dealings. Attention now turns to ECB President press conference, who will comment on the considerations underlying the bank’s decision at 12:30GMT.
EUR/JPY technical levels
If EUR/JPY manages to decisively break above 132.15, next resistances are seen at 132.30 (Aug 26 high) and 132.45 (Jul 25 high), while supports could be found at 131.65 (20-hour SMA) and 131.15 (daily low).
EUR/JPY clings to 132.00, Draghi in focus
EUR/JPY has continued to flirt with the 132.00 mark where it was just before the release, having reached a fresh 10-day high of 132.14 in recent dealings. Attention now turns to ECB President press conference, who will comment on the considerations underlying the bank’s decision at 12:30GMT.
EUR/JPY technical levels
If EUR/JPY manages to decisively break above 132.15, next resistances are seen at 132.30 (Aug 26 high) and 132.45 (Jul 25 high), while supports could be found at 131.65 (20-hour SMA) and 131.15 (daily low).