(VIANEWS) – EUR/JPY (EURJPY) has been up by 2.63% for the last 21 sessions. At 16:09 EST on Tuesday, 29 November, EUR/JPY (EURJPY) is $143.27.

Eur/jpy price analysis: test of multi-day support line near 142.00 looms

Overall, EUR/JPY is likely to remain weak inside a short-term bearish chart formation while a multi-day-old support line lures the downside momentum of late. , That said, an upward-sloping support line from early August, around 142.10 by the press time, appears imminent support for the EUR/JPY bears to watch.

EUR/JPY’s yearly highs and lows, it’s 15.156% up from its 52-week low and 3.436% down from its 52-week high.

Volatility

EUR/JPY’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.17%, a negative 0.04%, and a positive 0.52%, respectively.

EUR/JPY’s highest amplitude of average volatility was 0.29% (last week), 0.47% (last month), and 0.52% (last quarter), respectively.

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