- EUR/JPY extends bearish leg below 136.00.
- Initial support is at the weekly low of 134-94.
EUR/JPY is losing ground for the third session in a row, this time breaking below support at the 136.00 level.
More weakness appears on the scene, with immediate support at the weekly low of 134.94 (Aug 16). Loss of this level should expose a deeper pullback to the 200 SMA today at 134.15.
Above the latter, the outlook for the pair should remain constructive.
EUR/JPY day chart
Source: Fx Street
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