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EUR/JPY: 5-year-and-a-half peaks above 139.27: checked

FXstreet.com (Chicago) – EUR/JPY continues being sparked by enraged bulls that don’t cease to print higher records after an extraordinary performance the pound has had so far this week.

EUR/JPY Technical Levels

Price action reveals the pair is relentlessly printing fresh highs reaching 5-year-and-a-half peaks on bullish move that extends the upward trendline that started last May 1st 2012 (lows). With a steep climbing move since last November 7th lows, the pair consolidates above the 139 front and aims for the 140 front, resistance, on a heavier Friday, data-wise. Offered at 139.22, the pair oscillates between the supports aligned at 138.79 …read more