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12 Jul 2013
EUR/JPY ends the week flat
FXstreet.com (Córdoba) - Despite intraday volatility, the EUR/JPY has been unable to set a fresh direction and trades nearly flat on the day.
EUR/JPY erases daily losses
EUR/JPY fell from a high of 129.93 to a low of 128.89 throughout the day, only to bounce back to the 129.70 zone, where it has been trading over the last hours, slightly above its opening price and little changed in the week.
In terms of technical levels, if EUR/JPY breaks above 129.93, next resistances could be found at 130.44 (Jul 11 high) and 130.55 (Jul 9 high), while supports are seen at 128.89 (daily low) and 128.65 (Jul 11 low).
EUR/JPY erases daily losses
EUR/JPY fell from a high of 129.93 to a low of 128.89 throughout the day, only to bounce back to the 129.70 zone, where it has been trading over the last hours, slightly above its opening price and little changed in the week.
In terms of technical levels, if EUR/JPY breaks above 129.93, next resistances could be found at 130.44 (Jul 11 high) and 130.55 (Jul 9 high), while supports are seen at 128.89 (daily low) and 128.65 (Jul 11 low).