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17 Apr 2015
EUR/JPY consolidating above 128.00
FXStreet (Córdoba) - EUR/JPY is rising modestly on Friday, currently consolidating above 128.00. Earlier the pair printed a fresh 1-week high at 128.75 but then pulled back to the 128.00 area.
The euro was able to hold above 128.00, supported by a recovery of USD/JPY, that climbed on top of 119.00 after the release of CPI data in the US.
EUR/JPY technical levels
To the downside, support levels might lie at 127.95, 127.65 (Apr 14 high) and 127.15. While on the opposite direction, resistance could be located at 128.55/60, 128.75 (daily high) and 129.00.
The euro was able to hold above 128.00, supported by a recovery of USD/JPY, that climbed on top of 119.00 after the release of CPI data in the US.
EUR/JPY technical levels
To the downside, support levels might lie at 127.95, 127.65 (Apr 14 high) and 127.15. While on the opposite direction, resistance could be located at 128.55/60, 128.75 (daily high) and 129.00.