29 Nov 2013
EUR/JPY steady after Eurozone data
FXstreet.com (Córdoba) - After reaching a fresh 5-year high of 139.69 during the Asian session, the EUR/JPY eased a tad and settled in a range where it has spent the last hours.
EUR/JPY settles near 5-year high
Not even a drop in Eurozone unemployment rate or a higher than expected CPI get the euro to broke the range and resume the rise. At time of writing, the EUR/JPY is trading at the 139.15 zone, virtually unchanged since opening but on track to post its third weekly gain in a row.
EUR/JPY technical levels
As for technical levels, the EUR/JPY could find immediate resistances at 139.69 (2013 high Nov 29) and 140.00 (psychological level). On the other hand, supports are seen at 138.95 (daily low) and 138.20 (100-hour SMA).
EUR/JPY settles near 5-year high
Not even a drop in Eurozone unemployment rate or a higher than expected CPI get the euro to broke the range and resume the rise. At time of writing, the EUR/JPY is trading at the 139.15 zone, virtually unchanged since opening but on track to post its third weekly gain in a row.
EUR/JPY technical levels
As for technical levels, the EUR/JPY could find immediate resistances at 139.69 (2013 high Nov 29) and 140.00 (psychological level). On the other hand, supports are seen at 138.95 (daily low) and 138.20 (100-hour SMA).