8 Jul 2014
EUR/JPY falls below 138.25
FXStreet (San Francisco) - After testing it several times in the latest couple of hours, the EUR/JPY broke the 138.25 level as the pair is pricing now at July lows around 138.20.
Currently, EUR/JPY is trading at 138.24, down 0.24% on the day, having posted a daily high at 138.67 and low at 138.19. EUR/JPY spot is in oversold territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bearish.
EUR/JPY levels
If the pair consolidates losses below 138.25, next supports are seen at 138.10, 138.00 and 137.90. On the upside, resistances are at 138.45, 138.60 and 138.80.
Currently, EUR/JPY is trading at 138.24, down 0.24% on the day, having posted a daily high at 138.67 and low at 138.19. EUR/JPY spot is in oversold territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bearish.
EUR/JPY levels
If the pair consolidates losses below 138.25, next supports are seen at 138.10, 138.00 and 137.90. On the upside, resistances are at 138.45, 138.60 and 138.80.