19 Feb 2015
EUR/JPY rejected at 136 levels
FXStreet (Mumbai) - EUR/JPY inched higher in the European session, recovering from session lows, largely on the back of yen weakness against the shared currency.
EUR/JPY rises from 135.35 levels
Currently, the EUR/JPY pair traded higher by 0.10% on the day at 135.52 levels, after posting fresh session lows at 135.35 levels. The EUR/JPY failed to break above 136 levels and holds firmly above 135 levels, defending mild gains as the US dollar regained strength versus most currencies pushing the yen lower. On the other hand, the upside in the pair remains capped as the grim situation in Greece continues to exert pressure on the euro.
At the moment, USD/JPY trades higher by 0.08% at 118.87 levels, while EUR/USD remians unchanged at 1.1399 levels.
EUR/JPY Levels to consider
To the upside, the next resistance is located at 136.07 and above which it could extend gains to at 136.28 levels. To the downside immediate support might be located at 135.12 levels below that at 134.77 levels
EUR/JPY rises from 135.35 levels
Currently, the EUR/JPY pair traded higher by 0.10% on the day at 135.52 levels, after posting fresh session lows at 135.35 levels. The EUR/JPY failed to break above 136 levels and holds firmly above 135 levels, defending mild gains as the US dollar regained strength versus most currencies pushing the yen lower. On the other hand, the upside in the pair remains capped as the grim situation in Greece continues to exert pressure on the euro.
At the moment, USD/JPY trades higher by 0.08% at 118.87 levels, while EUR/USD remians unchanged at 1.1399 levels.
EUR/JPY Levels to consider
To the upside, the next resistance is located at 136.07 and above which it could extend gains to at 136.28 levels. To the downside immediate support might be located at 135.12 levels below that at 134.77 levels