HomeContributorsTechnical AnalysisEUR/JPY Consolidates Below 134.00

EUR/JPY Consolidates Below 134.00

The EUR/JPY currency pair consolidated below the 134.00 level during Monday’s trading session.

Everything being equal, the common European currency against the Japanese Yen are likely to continue to trade within the range of 134.00/133.60 during the following trading session.

However, technical indicators suggest that the currency exchange rate could trend bullish within this session.

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This overview can be used only for informational purposes. Dukascopy SA is not responsible for any losses arising from any investment based on any recommendation, forecast or other information herein contained.

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