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Forex: EUR/JPY rises above 131.00

FXstreet.com (Córdoba) - The shared currency advanced even further against the yen and reached a fresh 3-year high above 131.00 during the New York session, as the Japanese currency remains under pressure in the light of latest BoJ moves.

EUR/JPY peaked at 131.10, its highest since January 2010, and was last up 0.5% around 131.00. On the upside, next resistances could be found at and 131.85 (100-month SMA) and 132.00 (psychological level). On the downside, supports are seen at 129.70 (intraday low) and 129.35 (100-hour SMA).

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