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2 Jan 2015
EUR/JPY steadies above 145 levels
FXStreet (Mumbai) - The single currency trades slightly elevated against the Japanese yen today, after a very choppy Asian session. The Euro managed to pull away from 6-week lows reached in the previous session.
Currently, the EUR/JPY pair trades at 145.13, marginally up by 0.10% on the day, after having clocked day’s low at 144.78. The common currency continues to lacklustre versus the Japanese counterpart as traders await Euro zone PMI reading for further clue on the price direction.
Meanwhile, the cross in EUR/JPY remains steady as EUR/USD trades at 1.2045 down -0.50% and USD/JPY trades at 120.47 higher by 0.60% on the day.
EUR/JPY Levels to consider
To the upside, the next resistance is located at 145.60 and above which it could extend gains to at 145.88 levels. To the downside immediate support might be located at 144.71 levels below that at 144.26 levels.
Currently, the EUR/JPY pair trades at 145.13, marginally up by 0.10% on the day, after having clocked day’s low at 144.78. The common currency continues to lacklustre versus the Japanese counterpart as traders await Euro zone PMI reading for further clue on the price direction.
Meanwhile, the cross in EUR/JPY remains steady as EUR/USD trades at 1.2045 down -0.50% and USD/JPY trades at 120.47 higher by 0.60% on the day.
EUR/JPY Levels to consider
To the upside, the next resistance is located at 145.60 and above which it could extend gains to at 145.88 levels. To the downside immediate support might be located at 144.71 levels below that at 144.26 levels.