EUR/JPY Price Analysis: Euro pressuring three-month lows vs. yen

EUR/JPY is under pressure near three-month lows.
The level to beat for bears is the 119.80/67 support zone.

Flavio Tosti Independent Analyst

EUR/JPY daily chart

EUR/JPY is trading close to three months lows while below the main daily simple moving averages (SMAs).

EUR/JPY four-hour chart

The spot is pressuring the 119.80/67 support zone while trading below the main SMAs. A break below the above-mentioned level can send the quote down towards the 119.67 and 119.20/05 price zone. Bullish attempts could find resistance near the 120.30, 120.55 and 121.00 figure, according to the Technical Confluences Indicator.

Resistance: 120.30, 120.55, 121.00

Support: 119.80/67, 119.67, 119.20/05

Additional key levels

EUR/JPY

Overview
Today last price	119.86
Today Daily Change	-0.02
Today Daily Change %	-0.02
Today daily open	119.88

Trends
Daily SMA20	120.9
Daily SMA50	121.21
Daily SMA100	120.51
Daily SMA200	120.52

Levels
Previous Daily High	120.02
Previous Daily Low	119.6
Previous Weekly High	121.15
Previous Weekly Low	119.92
Previous Monthly High	122.88
Previous Monthly Low	119.78
Daily Fibonacci 38.2%	119.86
Daily Fibonacci 61.8%	119.76
Daily Pivot Point S1	119.64
Daily Pivot Point S2	119.4
Daily Pivot Point S3	119.21
Daily Pivot Point R1	120.07
Daily Pivot Point R2	120.26
Daily Pivot Point R3	120.5

Author

Flavio Tosti

Independent Analyst

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