The Euro versus the Yen bounces from the 131.00 level

The Euro versus the Yen has reached the round number level of the 131.00, as we can see on the daily chart and bounces from that level to the upside. If the price continues retracing to the upside, the 132.00 could act as resistance, but above the 132, the 133.00 or the 200 day exponential moving average, around the 134.43 level could also act as resistance. During next week, the price could continue falling and the pair could try to go and visit the 129.67 low.