14 Oct 2013
EUR/JPY fills the opening gap
FXstreet.com (Córdoba) - The EUR/JPY filled the weekly opening gap and pushed to fresh daily highs during the American session, helped by EUR/USD gains.
The EUR/JPY rose more than 40 pips throughout the day and hit a high of 133.51 before losing momentum. At time of writing, EUR/JPY is trading at the 133.45 area, virtually unchanged since Friday but still 0.2% above its opening price.
EUR/JPY technical levels
As for technical levels, EUR/JPY could find immediate resistances at 133.59 (Oct 11 high) and 133.90 (Sep 26 high), while on the flip side supports are seen at 133.05/00 (daily low/psychological level) and 132.75 (21-day SMA).
The EUR/JPY rose more than 40 pips throughout the day and hit a high of 133.51 before losing momentum. At time of writing, EUR/JPY is trading at the 133.45 area, virtually unchanged since Friday but still 0.2% above its opening price.
EUR/JPY technical levels
As for technical levels, EUR/JPY could find immediate resistances at 133.59 (Oct 11 high) and 133.90 (Sep 26 high), while on the flip side supports are seen at 133.05/00 (daily low/psychological level) and 132.75 (21-day SMA).