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EUR/JPY recovers from session low but remains down on Friday
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FXStreet Forex & Commodities News
EUR/JPY trades on the back foot on Friday, easing away even as the Euro (EUR) posts solid gains against the US Dollar (USD).
The Japanese currency surged suddenly near the start of the American session after a surprisingly weak United States (US) employment report.
The Yen now drifts well away from the 40-year low it reached in July.
Asustained break above this cluster would open the way toward the next barrier at 182.69 before the broader 100-period SMA near 184.70.
On the downside, initial support aligns at 181.76, ahead of a lower horizontal floor at 181.30 where the cross found support early in the American session on Friday.