This time EUR/JPY broke above the 137.00

FXStreet (San Francisco) - After testing it several times in the current week, the EUR/JPY finally broke the 137.00 level and following a 40-pips upside movement the pair reached fresh daily highs around 137.20.

Currently, EUR/JPY is trading at 137.17, up 0.34% on the day, having posted a daily high at 137.22 and low at 136.62. The hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is strongly bullish.

EUR/JPY levels

Is the pair consolidates above 137.00, it will face next supports at 137.40, 137.70 and 138.25. On the downside, supports are at 137.00, 137.75 and 136.60.