EUR/JPY Price Analysis: Next Upside Barrier Located Near 157.70

<p><img width="612" height="459" src="https://www.actionforex.com/wp-content/uploads/2019/04/f-eur-jpy10.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2019/04/f-eur-jpy10.jpg 612w, https://www.actionforex.com/wp-content/uploads/2019/04/f-eur-jpy10-600×450.jpg 600w, https://www.actionforex.com/wp-content/uploads/2019/04/f-eur-jpy10-80×60.jpg 80w, https://www.actionforex.com/wp-content/uploads/2019/04/f-eur-jpy10-265×198.jpg 265w, https://www.actionforex.com/wp-content/uploads/2019/04/f-eur-jpy10-560×420.jpg 560w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>EUR/JPY holds positive ground near 157.10 on Thursday. The cross resumes its uptrend above the key 100-hour EMA; RSI indicator stands above the 50 midline. The first upside barrier is seen at 157.73; 155.65 acts as an initial support level for EUR/JPY. The EUR/JPY cross trades in positive territory for the second consecutive day during […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/533858-eur-jpy-price-analysis-next-upside-barrier-located-near-157-70/">EUR/JPY Price Analysis: Next Upside Barrier Located Near 157.70</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *