EUR/JPY reaches fresh 3-week high

FXstreet.com (Córdoba) - The EUR/JPY extended gains during the American afternoon, underpinned by USD/JPY gains, and reached fresh 3-week highs in recent dealings.

EUR/JPY rises above 131.00

EUR/JPY has climbed over pips throughout the day and even managed to peep above the 131.00 mark to score a high of 131.08. At time of writing, EUR/JPY is trading around 131.05, where it records a 0.7% daily gain.

In terms of technical levels, next resistances for EUR/JPY are seen at 131.30 (Jun 11 high) and 131.40 (Jun 4 & 5 highs), while supports could be found at 130.65 (intraday level) and 129.80 (daily low).

US Dollar Index around 83.60

The greenback, measured by the US Dollar Index, is extending its march north on Tuesday, hovering over 83.55/60 as risk aversion prevails amongst traders...
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