OctaFX | OctaFX Forex Broker
Open trading account
Back

EUR/JPY visits the land beyond 137.00; nearly 1-month lows

FXStreet (San Francisco) - The Euro completed a 80-pip decline versus the Japanese yen from 137.60 post ECB policy conference press and now the EUR/JPY is trading below the 137.00 level at lows since September 9 at 136.85.

Currently, EUR/JPY is trading at 136.92, down 0.38% on the day, having posted a daily high at 137.75 and low at 136.85. EUR/JPY spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bearish.

EUR/JPY levels

If the air manages to extend declines, next support will be at 136.85 ahead of 136.60 and 136.00. To the upside, 137.60, 138.00 and 138.50 are supports.

ECB: What was in the statement...Rabobank

Analysts at Rabobank broke down the ECB statement and explained, that as expected, the ECB kept its benchmark rates unchanged today.
Read more Next
Start livechat