EUR/JPY bears failing on testing critical support

FXStreet (Guatemala) - EUR/JPY is trading at 136.65, down -0.09% on the day, having posted a daily high at 136.92 and low at 136.37.

EUR/JPY has been testing the downside and critical levels but so far the bulls have been stepping and committing to the pair. Valeria Bednarik, chief analyst at FXStreet suggested that below 136.60 risk to the downside increases towards 136.20, while some upward strength can be seen only with steady gains above 137.10.

EUR/JPY support / resistance levels

Support levels: 136.60 136.20 135.80

Resistance levels: 137.10 137.50 137.90