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EUR/JPY Technical Analysis: Interim support emerged near 120.00

  • EUR/JPY has rebounded from recent lows in the boundaries of the 120.00 handle.
  • If this key contention area is breached it will expose a potential move to 2019 lows in the sub-119.00 zone recorded in early January.
  • Additionally, the negative stance in the cross should persist as long as the 55-day SMA at 121.94 caps the upside.

EUR/JPY daily chart

EUR/JPY

Overview
Today last price 120.96
Today Daily Change 23
Today Daily Change % -0.12
Today daily open 121.11
 
Trends
Daily SMA20 121.52
Daily SMA50 121.91
Daily SMA100 123.43
Daily SMA200 125.06
Levels
Previous Daily High 121.38
Previous Daily Low 120.04
Previous Weekly High 121.86
Previous Weekly Low 120.78
Previous Monthly High 123.18
Previous Monthly Low 120.78
Daily Fibonacci 38.2% 120.87
Daily Fibonacci 61.8% 120.55
Daily Pivot Point S1 120.31
Daily Pivot Point S2 119.51
Daily Pivot Point S3 118.98
Daily Pivot Point R1 121.64
Daily Pivot Point R2 122.18
Daily Pivot Point R3 122.97

 

 

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