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17 Jul 2015
EUR/JPY wavers above 135, awaits German vote, US CPI
FXStreet (Mumbai) - EUR/JPY trades around a flat line in the European session, amid a data-empty European calendar while markets now shift their attention towards German vote on Greece bailout reforms for further EUR moves.
EUR/JPY eyes Bundestag vote
Currently, the EUR/JPY pair trades modestly flat at 135.10, oscillating in a 30 pips narrow range. The cross in EUR/JPY trades directionless awaiting fresh incentives from the upcoming US macro data releases.
While traders digest the latest comments from the EU leaders surrounding Greece as German Parliament votes on the latest Greece bailout deal.
EUR/JPY will be influenced by a series of US economic data due for release due for release later in the New York session.
EUR/JPY Technical Levels
To the upside, the next resistance is located at 135.84 levels and above which it could extend gains 136 levels. To the downside immediate support might be located at 134.90 below that at 134.57 levels.
EUR/JPY eyes Bundestag vote
Currently, the EUR/JPY pair trades modestly flat at 135.10, oscillating in a 30 pips narrow range. The cross in EUR/JPY trades directionless awaiting fresh incentives from the upcoming US macro data releases.
While traders digest the latest comments from the EU leaders surrounding Greece as German Parliament votes on the latest Greece bailout deal.
EUR/JPY will be influenced by a series of US economic data due for release due for release later in the New York session.
EUR/JPY Technical Levels
To the upside, the next resistance is located at 135.84 levels and above which it could extend gains 136 levels. To the downside immediate support might be located at 134.90 below that at 134.57 levels.