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14 Aug 2013
EUR/JPY holds above 130.00
FXstreet.com (San Francisco) - After retreating from 1-week highs at 130.65 to trade around the 130.00 area, the EUR/JPY has been moving sideways in between 130.00 and 130.20.
Currently, the EUR/JPY is trading around 130.10, 0.12% negative on the day. The short term perspective is slightly bearish according to the FXstreet.com trend index in the 1-hour chart. Indicators such as CCI, Momentum and ROC are pointing to the south while the MACD and the Stochastic are neutral.
EUR/JPY support and resistance levels
Below the 130.00 level, next supports is at 129.85 (low Aug.13) ahead of 129.38 (cloud top) and then 128.86 (cloud base). On the flip side, a break above 130.72 (high Aug 6) would expose 131.55 (high Aug 5) and finally 131.97 (high Aug 2).
Currently, the EUR/JPY is trading around 130.10, 0.12% negative on the day. The short term perspective is slightly bearish according to the FXstreet.com trend index in the 1-hour chart. Indicators such as CCI, Momentum and ROC are pointing to the south while the MACD and the Stochastic are neutral.
EUR/JPY support and resistance levels
Below the 130.00 level, next supports is at 129.85 (low Aug.13) ahead of 129.38 (cloud top) and then 128.86 (cloud base). On the flip side, a break above 130.72 (high Aug 6) would expose 131.55 (high Aug 5) and finally 131.97 (high Aug 2).