Thu, 26 May 2022 13:01:00 GMT
EUR/JPY tests resistance zone
At midnight to Thursday, the EUR/JPY currency pair tested the resistance zone at 136.50/136.80. The rate bounced off the resistance and declined to the 134.25 level, before a recovery started. During the mid-day hours, another test of the 136.50/136.80 zone was highly likely.
If the rate manages to reach above the 136.80 level, the 137.00 and 137.50 levels could act