EUR/JPY failing at the 137 handle

FXStreet (Guatemala) - EUR/JPY is trading at 136.94, down -0.03% on the day, having posted a daily high at 137.03 and low at 136.93.

The EUR/JPY and has been teasing the 137 handle on a rebound after Friday’s dismal performances. Valeria Bednarik, chief analyst at FXStreet explained that further advances with price settling above 137.30 will suggests a continued advance while a price acceleration below 136.90 will likely favor a slide towards 136.40 support zone.

EUR/JPY support and resistance levels

Support levels: 136.90 136.40 136.00

Resistance levels: 137.30 137.60 138.00