EUR/JPY rises further above 136.00

FXStreet (Córdoba) – The euro kept rising against the yen and reached at 136.40 the strongest level since May 18. EUR/JPY remains above 136.00, consolidating a weekly gain of almost 300 pips.

While the euro has been among the best performers across the board, the yen dropped sharply during the last four days as USD/JPY rallied above 122.00.

EUR/JPY technical levels

Immediate resistance to the upside could be located at 136.40 (daily high) followed by 136.80 (May 15 high) and 137.00. On the opposite direction support might lie at 135.95, 135.40 (daily low) and 134.95.

The euro kept rising against the yen and reached at 136.40 the strongest level since May 18. EUR/JPY remains above 136.00, consolidating a weekly gain of almost 300 pips.


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