EUR/JPY jumps to near 3-week highs at 136.20

FXStreet (San Francisco) - The Euro is trading higher against the Japanese yen following the USD/JPY break above 120.00. The EUR/JPY jumped 80 pips from 135.30 to break above 136.00 and to reach its highest level since January 22 at 136.20.

Currently, EUR/JPY is trading at 136.02, up 0.68% on the day, having posted a daily high at 136.24 and low at 135.03. The hourly FXStreet OB/OS Index is showing overbought conditions, alongside the FXStreet Trend Index which is slightly bullish.

EUR/JPY Levels

If the pair consolidates levels above 136.00, it will find resistances at 136.20 and 137.00. To the downside, support are at 135.65, 135.20 and 135.00.