- 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.
Resistance Levels: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)
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