Mon, 20 Dec 2021 11:25:23 GMT
EUR/JPY reaches low level zone
The EUR/JPY currency exchange rate has reached the December low level zone at 127.40/127.65. The zone provided enough support for a recovery to start. By the middle of Monday's trading hours, the pair had reached the 128.00 mark.
If the rate continues to surge, resistance could be met at the 128.40 level, where the 50 and 200-hour simple moving averages,