13 May 2014
EUR/JPY falls to test 140.00 again
FXStreet (Córdoba) - The EUR/JPY weakened during the European session and pulled back from 3-day highs near 141.00 and tumbled bottoming during Wall Street to 139.98, the lowest price since last Friday.
The area around 140.00 offered support again as it did last week. The EUR/JPY bounced slightly from the mentioned area and currently trades at 140.10, 40 pips below Monday’s closing price.
The recovery of the EUR/JPY from 139.89 (May 9 low) was short lived and is back under pressure but so far holding above 139.80/140.00.
The area around 140.00 offered support again as it did last week. The EUR/JPY bounced slightly from the mentioned area and currently trades at 140.10, 40 pips below Monday’s closing price.
The recovery of the EUR/JPY from 139.89 (May 9 low) was short lived and is back under pressure but so far holding above 139.80/140.00.