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EUR/JPY contained above 137.60

FXStreet (San Francisco) - The EUR/JPY jumped to 3-week highs at 137.85 overnight, however the pair wasn't able to hold at highs but the rejection was contained at 137.60.

Currently, EUR/JPY is trading at 137.64, up 0.06% on the day, having posted a daily high at 137.87 and low at 137.47. EUR/JPY spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is strongly bullish.

EUR/JPY levels

If the pair breaks below 137.60, it will face supports at 137.50, 137.45 and 137.20. On the upside, resistances are at 137.80, 138.00 and 139.00.

United States Markit Manufacturing PMI came in at 58, above expectations (55.7) in August

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US: Flash PMI Manufacturing jumps to 58 in August

Preliminary US PMI Manufacturing grew to 58 in August, from 55.8 in July, according to data released today by Markit. Analysts expected a slide to 55.7.
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