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- The single currency relentlessly sold-off amid risk-aversion as traders await upcoming Euro group meeting. Markets await fresh incentives from the Euro Summit on Greek debt negotiations.
- EUR/JPY hovers near daily lows at 134.62. Daily cloud top at 134.00 is likely to provide strong support.
R1: 136.06 (Daily High Jul 6)
R2: 136.29 (Tenkan-Sen)
R3: 136.85 (Daily High Jul 3)
Support Levels:
S1: 134.00 (Daily cloud top)
S2: 133.70 (Daily Low Jul 6)
S3: 133.58 (100 DMA)
