EURJPY Extends Bounce As Further Gains Lie Above 132.00 Level

Azeez Mustapha



Select a Plan


 1-month subscription



 3-month subscription



 6-month subscription



 lifetime subscription



 Separate Swing Trading Group



Get VIP forex signals, VIP crypto signals, swing signals, and forex course free for lifetime.

Just open an account with one our affiliate broker and make a minimum deposit: 250 USD.

Email [email protected] with a screenshot of funds on account to get access!

Sponsored by

Sponsored Sponsored


Service for copy trading. Our Algo automatically opens and closes trades.


The L2T Algo provides highly profitable signals with minimal risk.


24/7 cryptocurrency trading. While you sleep, we trade.


10 minute setup with substantial advantages. The manual is provided with the purchase.


79% Success rate. Our outcomes will excite you.


Up to 70 trades per month. There are more than 5 pairs available.


Monthly subscriptions begin at £58.

EURJPY Price Analysis – June 25

EURJPY gathers buying to 132.45, attempting to cross over the mid-132.00 threshold. During the early Friday recovery moves, the pair is up 0.10 percent intraday, increasing for the fourth session in a row.

Key Levels
Resistance Levels: 133.50, 133.00, 132.50
Support Levels: 13200, 131.50, 131.00
EURJPY Long term Trend: Ranging
The EURJPY continues to move north, slowly reaching the 132.69 weekly high level. The pair is currently up 0.10 percent at 132.30, and a breakthrough in the sub 133.00 zone will take the pair to 133.50, putting it on track to set new highs.

Initial support, on the other hand, is around 131.50, followed by the 130.04 weekly low and ultimately the 129.02 low. In the meantime, the rise from 121.61 is considered as a medium-term phase of growth inside a long-term consolidation trend. As long as the support level of 129.02 remains unchanged, a steady gain is likely.
EURJPY Short term Trend: Ranging
EURJPY is still trading in a range of around 132.27, with an initial positive intraday bias. On the 4-hour time frame, however, a steeper correction is brewing, but the trend may remain bullish as long as the 130.04 support level holds. On the other hand, a continuing breach of the 132.50 medium level might confirm a short-term uptrend and lead to a 100 percent forecast of 130.04 to 132.69 from 132.00 at 133.50 levels shortly.

In the short term, the EURJPY remains vulnerable to an upward bias, therefore a break below the support level of 132.00 might lead to weakening into the 131.50/131.00 support zone. On the other hand, resistance can be seen near the price level of 133.00. The pair may keep moving forward.

Note: Learn2.Trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$200 Min Deposit
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit

Share with other traders!

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

Leave a Reply

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