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EUR/JPY Technical Analysis: The cross is now focused on the 129.00 neighbourhood

  • EUR/JPY is advancing for yet another session on Monday and is now re-targeting the 129.00 region and above, where is located last week’s peak.
  • The loss of last week’s low at 127.49 (November 13) should trigger a deeper pullback with immediate target at October’s low in the 126.60 zone.
  • While below the short-term resistance line, today at 129.47, the cross should remain offered.

EUR/JPY daily chart

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EUR/JPY

Overview:
    Last Price: 128.8
    Daily change: 2.0 pips
    Daily change: 0.0155%
    Daily Open: 128.78
Trends:
    Daily SMA20: 128.62
    Daily SMA50: 129.86
    Daily SMA100: 129.53
    Daily SMA200: 130.05
Levels:
    Daily High: 128.92
    Daily Low: 128.12
    Weekly High: 129.24
    Weekly Low: 127.5
    Monthly High: 132.49
    Monthly Low: 126.63
    Daily Fibonacci 38.2%: 128.61
    Daily Fibonacci 61.8%: 128.43
    Daily Pivot Point S1: 128.29
    Daily Pivot Point S2: 127.81
    Daily Pivot Point S3: 127.5
    Daily Pivot Point R1: 129.09
    Daily Pivot Point R2: 129.4
    Daily Pivot Point R3: 129.88

 

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