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2 Apr 2014
EUR/JPY extends decline below 143.00
FXStreet (San Francisco) - The Euro is declining against the Japanese Yen and after losing around 75 pips from the 143.50 high priced overnight, the EUR/JPY broke the 143.00 level and now it is trading at daily highs around 142.75.
Currently, EUR/JPY is trading at 142.87, down -0.06% on the day, having posted a daily high at 143.50 and low at 142.75. The FXStreet OB/OS Index is reflecting neutral hourly conditions, while the FXStreet Trend Index is slightly bearish. RSI is at 28.71, down from the last hourly print at 44.46, with ADX at 24.22, down from its previous close at 27.96.
Looking to momentum indicators, the hourly 200 SMA is currently at 142.67, up from the last close at 141.48 and climbing.
EUR/JPY levels
Spot is presently trading at 142.88, and next resistance can be seen at 142.97 (Weekly High), 143.04 (Hourly 20 EMA) and 143.10 (Yesterday's High). Support below can be found at 142.75 (Daily Low) and 142.01 (Yesterday's Low).
Currently, EUR/JPY is trading at 142.87, down -0.06% on the day, having posted a daily high at 143.50 and low at 142.75. The FXStreet OB/OS Index is reflecting neutral hourly conditions, while the FXStreet Trend Index is slightly bearish. RSI is at 28.71, down from the last hourly print at 44.46, with ADX at 24.22, down from its previous close at 27.96.
Looking to momentum indicators, the hourly 200 SMA is currently at 142.67, up from the last close at 141.48 and climbing.
EUR/JPY levels
Spot is presently trading at 142.88, and next resistance can be seen at 142.97 (Weekly High), 143.04 (Hourly 20 EMA) and 143.10 (Yesterday's High). Support below can be found at 142.75 (Daily Low) and 142.01 (Yesterday's Low).