The EUR/JPY recovered some ground on Monday, registering gains of over 0.40% and climbing past the 156.00 figure.
EUR/JPY remains in a bearish bias despite recent recovery, with momentum flattening and potential consolidation ahead. A break above 157.00 could target resistance at 157.46 and 158.49 . For a bearish continuation, EUR/JPY must fall below 155.14, with the YTD low at 154.39 as the next support level. As Tuesday’s Asian session begins, the cross-currency pair exchanges hands at 156.51, virtually unchanged. Last week, the European Central Bank lowered rates by 0.
49, followed by the Kijun-Sen at 159.52. Conversely, for a bearish continuation, EUR/JPY must drop below the September 16 low of 155.14. The next support would be the year-to-date low of 154.39. EUR/JPY Price Action – Daily Chart Euro PRICE Today The table below shows the percentage change of Euro against listed major currencies today. Euro was the strongest against the Swiss Franc. USD EUR GBP JPY CAD AUD NZD CHF USD 0.00% 0.02% 0.01% -0.01% -0.01% -0.03% 0.03% EUR -0.01% 0.00% -0.02% -0.
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