Forex: EUR/JPY plummets 0.65%

The single currency slid 0.65% in the early hours of the European trading session. The new figures for the Eurozone's trade balance have shown a modest worsening with a slight drop from 5.3 to 3.7 billion euro for the seasonally adjusted numbers. The non seasonally adjusted figures came short of expectations at 2.8 billion euro.

The pair is currently at 104.95 with resistance 106.73, ahead of 107.62 and 108.12 according to pivot points on technical tools. On the downside, there is support at 105.34, before 104.84 and 103.95.

EUR/JPY Apr 16 at 11:17 GMT

105.18/20 (-0.42%)

H105.84 L 104.65

S3 S2 S1 R1 R2 R3
104.63 104.89 105.15 105.25 105.52 105.78
Trend Index [?] OB/OS Index [?]
Data updated on Apr 16 a 11:00 GMT (15-minute timeframe)
Slightly Bullish Extremely Oversold


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