FXstreet.com (Córdoba) - The euro extended its decline versus the yen into a second day on Tuesday as the Japanese currency benefited from the risk off environment. EUR/JPY continued to pull back from a 2-week high of 102.78 scored last Friday and broke decisively below 101.00 during the New York session.
At time of writing, EUR/JPY is quoting at the 100.65 zone, where it records a 0.9% loss on the day and a 1.7% loss this week, having hit an 8-day low of 100.57 in recent dealings.
As for technical levels, immediate supports are seen at 100.60, followed by 100.40 and 100.20, while on the upside, resistances in case of bounces could be found at 101.00, 101.45 and 101.80.
At time of writing, EUR/JPY is quoting at the 100.65 zone, where it records a 0.9% loss on the day and a 1.7% loss this week, having hit an 8-day low of 100.57 in recent dealings.
As for technical levels, immediate supports are seen at 100.60, followed by 100.40 and 100.20, while on the upside, resistances in case of bounces could be found at 101.00, 101.45 and 101.80.
