EUR/JPY ends week around 139.00

FXStreet (Córdoba) - The EUR/JPY moved Friday in a small range and finished the week hovering around 139.00, far from Wednesday’s low at 138.13. A weak Yen gave support to the EUR/JPY, that despite the decline of the Euro held steady.

During Friday the pair tested the area 139.00 - 139.15 but it was unable to break higher. To the downside, the pair pulled back on European hours but found support quickly at 138.50/60.

After rebounding on Wednesday at 138.15, the lowest price since February the EUR/JPY rose erasing most of weekly losses. Seven days ago closed just ten pips higher.