21 Jul 2014
EUR/JPY keeping face on the 137 handle
FXStreet (Guatemala) - EUR/JPY is trading at 137.11, up 0.02% on the day, having posted a daily high at 137.19 and low at 137.06.
With Tokyo out on holiday for Marine day, the pair is steady holding ground on the 137 handle as recovered from last weeks session where lows were met at 136.70, threatening this years lows made in February on 136.20. For the week ahead, we will monitor risk around on going tensions politically as well as some trickle feed coming through from Germany’s Manufacturing and services climate.
EUR/JPY Levels
Spot is presently trading at 137.12, and next resistance can be seen at 137.15 (Daily Open), 137.19 (Daily High), 137.36 . Support below can be found at 137.06 (Hourly 20 EMA), (Monthly Low) and 136.85 (Weekly Low).
With Tokyo out on holiday for Marine day, the pair is steady holding ground on the 137 handle as recovered from last weeks session where lows were met at 136.70, threatening this years lows made in February on 136.20. For the week ahead, we will monitor risk around on going tensions politically as well as some trickle feed coming through from Germany’s Manufacturing and services climate.
EUR/JPY Levels
Spot is presently trading at 137.12, and next resistance can be seen at 137.15 (Daily Open), 137.19 (Daily High), 137.36 . Support below can be found at 137.06 (Hourly 20 EMA), (Monthly Low) and 136.85 (Weekly Low).