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3 Feb 2015
EUR/JPY approaches 135.00
FXStreet (Córdoba) - The euro picked up momentum across the board and extended gains against the yen at the beginning of the American session amid mixed signals from Greece’s debt negotiations.
EUR/JPY has risen more than 200 pips during the last hours, reaching its highest level in 10 days. However, the pair lost momentum just shy of the 135 mark, posting a high of 134.95 so far. At time of writing, the pair is trading at 134.85, 1.28% above its opening price.
EUR/JPY technical levels
If EUR/JPY breaks above 135.00, next resistances are seen at 135.79 (Jan 21 low) and 136.00 (psychological level). On the flip side, supports could be found at 132.28 (Feb 2 low) and 132.00 (psychological level).
EUR/JPY has risen more than 200 pips during the last hours, reaching its highest level in 10 days. However, the pair lost momentum just shy of the 135 mark, posting a high of 134.95 so far. At time of writing, the pair is trading at 134.85, 1.28% above its opening price.
EUR/JPY technical levels
If EUR/JPY breaks above 135.00, next resistances are seen at 135.79 (Jan 21 low) and 136.00 (psychological level). On the flip side, supports could be found at 132.28 (Feb 2 low) and 132.00 (psychological level).