EUR/JPY sold at 134.50; back to 134.20

FXStreet (Cocoa) - The EUR/JPY rallied over 130 pips in the Asian and European sessions from 133.10 to trade as high as 134.50 in the American morning where the pair found a selling interest that sent it back to 134.20.

Currently, EUR/JPY is trading at 134.23, up 0.60% on the day, having posted a daily high at 134.54 and low at 133.10. The FXStreet OB/OS Index is reflecting overbought hourly conditions, while the FXStreet Trend Index is slightly bullish.

EUR/JPY levels

If the pair extends 134.50 rejection beyond 134.20, it will find supports at 134.00, 133.70 and 133.30. To the upside, resistances are at 134.50, 135.00 and 135.30.