16 Feb 2015
EUR/JPY holds above 135.00
FXStreet (Córdoba) - EUR/JPY came under pressure and failed to sustain gains, having dropped more than half a cent over the last hours.
EUR/JPY found resistance at the 135.50 zone and fell to a low of 135.00 in recent dealings, as investors attention turns to the Eurogroup meeting as Eurozone-Greece is running out of time to reach a deal over Greek finances and its future in the Eurozone.
EUR/JPY levels to watch
At time of writing, EUR/JPY is trading at the 135.20 area, just a few pips below its Friday’s closing price. As for technical levels, the pair could find immediate supports at 135.00 (psychological level/daily low) and 134.86 (200-hour SMA). On the flip side, resistances are seen at 135.54 (daily high) and 136.00/02 (psychological level/Feb 13 high).
EUR/JPY found resistance at the 135.50 zone and fell to a low of 135.00 in recent dealings, as investors attention turns to the Eurogroup meeting as Eurozone-Greece is running out of time to reach a deal over Greek finances and its future in the Eurozone.
EUR/JPY levels to watch
At time of writing, EUR/JPY is trading at the 135.20 area, just a few pips below its Friday’s closing price. As for technical levels, the pair could find immediate supports at 135.00 (psychological level/daily low) and 134.86 (200-hour SMA). On the flip side, resistances are seen at 135.54 (daily high) and 136.00/02 (psychological level/Feb 13 high).