9 Apr 2014
EUR/JPY finds resistance at 141.00
FXStreet (Córdoba) - The EUR/JPY is trading in range with support at 140.60 and resistance below 141.00. The Yen strengthened across the board after Wall Street opening that pushed the USD/JPY back below 102.00 but the Euro remain resilient with the EUR/USD rising above Tuesday’s highs.
Yesterday the EUR/JPY plummeted to 140.08 but then rebounded and during the recent European session recovered further reaching a daily high at 140.97. Near the 141.00 area lost momentum and pulled back.
At the moment of writing trades at 140.65/68, up 0.15% for the day, as traders await for the FOMC minutes that will be released at 18:00 GMT.
Yesterday the EUR/JPY plummeted to 140.08 but then rebounded and during the recent European session recovered further reaching a daily high at 140.97. Near the 141.00 area lost momentum and pulled back.
At the moment of writing trades at 140.65/68, up 0.15% for the day, as traders await for the FOMC minutes that will be released at 18:00 GMT.