EUR/JPY tests 141.80 area

FXstreet.com (San Francisco) - The EUR/JPY is trading higher on Wednesday amid sterling bullishness across the board. After rallying 70 pips from 141.10 in the European session, the EUR/JPY broke 200 hours MA at 141.65 and it's now testing the 141.80 area, January 21 highs.

Currently, the EUR/JPY is trading at 141.7, 0.13% positive on the day. The pair is slightly bullish according to the FXStreet trend index in the 15-minute chart. MACD, CCI and Momentum are pointing to the north while the Stochastic is bearish.

EUR/JPY levels

Above the 141.80, the EUR/JPY would face resistances at 142.15 and 142.70. On the downside, supports are at 141.10, 140.90 and 140.30.