EUR/JPY pressured to the downside here

FXStreet (Guatemala) - EUR/JPY is trading at 139.63, down -0.19% on the day, having posted a daily high at 139.97 and low at 139.62.

EUR/JPY has been displaying some downward momentum in Asia with price moving lower to test previous lows overnight at current levels towards 139.40 having breached 139.60. Valeria Bednarik, chief analyst at FXStreet explained earlier, in the 4 hours chart, indicators were lacking upward strength.

EUR/JPY support and resistance zones

Support levels: 139.50 and 139.20

Resistance levels: 140.00, 140.40, 140.80 and 141.20