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2 Dec 2014
EUR/JPY hovering around 148.00
FXStreet (Córdoba) - The euro is rising against the yen on Tuesday, recovering after yesterday’s losses on the back of a decline of the Japanese currency across the board. EUR/JPY recently posted at 148.18 the highest price in almost two weeks.
Currently is hovering around 148.00, 35 pips above yesterday’s closing price, holding a bullish tone, but limited by the decline of the EUR/USD that is approaching 1.2400.
EUR/JPY technical levels
To the upside immediate resistance lies at 148.15/20 (daily high) and above at 148.45 (Nov 21 high) and 148.90. On the opposite direction, support might now lie a 147.70 (Asin session high) and 147.45 (daily low) and 147.30.
Currently is hovering around 148.00, 35 pips above yesterday’s closing price, holding a bullish tone, but limited by the decline of the EUR/USD that is approaching 1.2400.
EUR/JPY technical levels
To the upside immediate resistance lies at 148.15/20 (daily high) and above at 148.45 (Nov 21 high) and 148.90. On the opposite direction, support might now lie a 147.70 (Asin session high) and 147.45 (daily low) and 147.30.