EUR/JPY surge reaches above 136.50

Note: This section contains information in English only.
Source: Dukascopy Bank SA


The EUR/JPY currency exchange rate has continued to sharply surge. On Monday morning, the currency pair broke the resistance of the 136.00 and 136.50 levels.

A continuation of the surge might encounter resistance first in one of the March high levels at 136.84. Higher above, note the 137.00 level and the weekly R3 simple pivot point at 137.18.

On the other hand, a decline of the currency pair might look for support in the 136.50 level and the weekly R2 simple pivot point at 136.43, before declining to the 136.00 level and the weekly R1 simple pivot point at 135.79.
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Mon, 11 Apr 2022 08:55:49 GMT

AUD/USD reaches support zone

Since the middle of Friday's trading hours, the AUD/USD currency pair has been located above a support zone at 0.7360/0.7425. The major zone acted as both support and resistance during late March. Meanwhile, the resistance of the 50-hour simple moving average was approaching the rate from above. If the Australian Dollar recovers against the US Dollar, the 50-hour simple moving average

Fri, 08 Apr 2022 13:26:56 GMT

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