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EUR/JPY in negative territory below Fib 135.70

FXStreet (Barcelona) - EUR/JPY is trading at 135.52 and flat on the session having posted a daily high at 135.64 and low at 135.46.

The Yen has been a dominant force of late and remains so as we enter the final half of the week. The EUR/JPY is consolidated now after a further dip on the US session with US indexes closing lower buoying the Japanese safe haven currency. The pair remain technically negative and eyes 135.05 having broken below the Fibo at 135.70.

EUR/JPY noteworthy levels

Current price is 135.52, with resistance ahead at 135.64 (Daily High), 135.74 (Hourly 20 EMA), 135.76 (Weekly Classic PP), 135.98 (Weekly Low) and 136.03 (Hourly 200 SMA). Next support to the downside can be found at 135.52 (Daily Open), 135.51 (Daily Classic S1), 135.51 (Monthly Low), 135.51 (YTD Low) and 135.46 (Daily Low).

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