FXstreet.com (San Francisco) - EUR/JPY is gently offered this Monday in Asia, having traded down to a session low of 100.68 vs. 101.15 late Friday with most players sidelined ahead of the European session.
Sentiment remains positive following risk's rally on Friday, while Asian markets rise early Monday as investors start the month with a range of regional economic data relating to Chinese manufacturing.
At the time of writing, EUR/JPY trades at 100.70 after falling as low as 100.65, down 0.4% so far on the day. To the downside, support levels lie at 100.29 (3 Jan high), then at the 100.00 psychological figure. To the upside, resistance lies at 101.02 (15 Dec low) and 101.80 (14 Feb low).
Sentiment remains positive following risk's rally on Friday, while Asian markets rise early Monday as investors start the month with a range of regional economic data relating to Chinese manufacturing.
At the time of writing, EUR/JPY trades at 100.70 after falling as low as 100.65, down 0.4% so far on the day. To the downside, support levels lie at 100.29 (3 Jan high), then at the 100.00 psychological figure. To the upside, resistance lies at 101.02 (15 Dec low) and 101.80 (14 Feb low).
