FXStreet The EUR/JPY holds stable under 124,00, although the offers of the fourth session in a row after the release of Euro zone CPI to a stop.
Currently, the trade will take place at 123,85-80, just a few Pips from yesterday low. Las Euro-zone CPI shows a decline in inflation pressures. The estimate for may CPI for may at 1.4%, after 1.9% in the previous month, while the forecast was 1.5%.
Under 123,65 the next supports lie at 123,10-123,00 and in the middle of the 122,00. Resistances can be found at 124,20-25 and at the psychological level of 125.00.
** FXStreet News Editorial, FXStreet**