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EUR/JPY bounced off near 136.00

FXStreet (Edinburgh) - EUR/JPY is now looking to regain part of the deep pullback during the European morning, finding quite decent support around 136.00 the figure.

EUR/JPY capped at 138.00

The cross is coming down from recent peaks in the boundaries of the key handle at 138.00, following the increasing risk appetite in the wake of the FOMC minutes. However, a sustainable break above the 138.00 mark still remains elusive, thus leaving the trade between 136.00 and 138.00.

EUR/JPY key levels

The cross is now losing 0.36% at 136.35 with the next support at 135.82 (low Sep.8) and then 135.73 (2014 low Aug.8). On the upside, a break above 137.06 (high oct.10) would open the door to 137.51 (cloud top).

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