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EUR/JPY holds firm above 137.00 after EZ data

FXStreet (Córdoba) - The EUR/JPY remained little changed consolidating near highs above 137.00 following the release of solid Eurozone trade surplus.

The EUR/JPY barely reacted to data and continues to trade at the 137.15 zone after bouncing from a low of 136.95, underpinned by better risk appetite Monday as geopolitical concerns eased a tad.

Data showed Eurozone trade surplus widened to €16.8 billion in June from €15.4 billion the previous month. The calendar is pretty light for the rest of the day, what could leave the pair directionless and in consolidation mode.

EUR/JPY technical levels

At time of writing, the EUR/JPY is trading at 137.17, 0.11% above its opening price. As for technical levels, next resistances could be found at 137.60/61 (Aug 15 high/23.6% Fibo of 143.79-135.72), 137.71 (Aug 5 high) and 137.90 (Aug 4 high). On the flip side, supports are seen at 136.95 (Aug 18 low), 136.76 (Aug 15 low) and 136.60 (Aug 13 low).

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