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EUR/JPY Technical Analysis: Attention shifted to the 122.00 key support

  • EUR/JPY is extending the down move to the mid-122.00s after being rejected from weekly highs in the 123.70 region earlier in the week.
  • Weekly highs in the 123.70/75 band emerge as the interim hurdle in case bulls regain the upper hand.
  • In the meantime, a visit to recent lows in the 122.00 neighbourhood remains well on the cards in the short-term horizon while below the critical multi-month resistance line, today at 125.71.

EUR/JPY daily chart

EUR/JPY

Overview
Today last price 122.5
Today Daily Change 32
Today Daily Change % -0.04
Today daily open 122.55
 
Trends
Daily SMA20 123.55
Daily SMA50 124.69
Daily SMA100 124.92
Daily SMA200 126.92
Levels
Previous Daily High 123.1
Previous Daily Low 122.14
Previous Weekly High 123.44
Previous Weekly Low 122.07
Previous Monthly High 126.86
Previous Monthly Low 124.04
Daily Fibonacci 38.2% 122.51
Daily Fibonacci 61.8% 122.74
Daily Pivot Point S1 122.09
Daily Pivot Point S2 121.63
Daily Pivot Point S3 121.13
Daily Pivot Point R1 123.06
Daily Pivot Point R2 123.56
Daily Pivot Point R3 124.02

 

 

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