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5 May 2020
EUR/JPY Price Analysis: Euro challenging 2020 lows vs. Japanese yen
- EUR/JPY is on the verge of breaking to fresh 2020 lows.
- The level to beat for bears is the 115.45 support.
EUR/JPY four-hour chart
Euro/Yen has proved to be weak in the last sessions now challenging the 2020 low. A break below the 115.45 support can lead to further selling interest towards the 114.50 and 113.50 levels. On the flip side, resistance can emerge near 116.00, 116.50 and 117.00 levels.
Resistance: 116.00, 116.50, 117.00
Support: 115.45, 114.50, 113.50
Additional key levels