- EUR/JPY trades with modest losses and adds to Thursday’s strong drop.
- The cross broke below the 200-day SMA, exposing further weakness.
EUR/JPY remains under pressure and briefly revisited the key 140.00 neighbourhood at the end of the week.
The cross appears to have broken below the multi-session consolidative phase as well as the 200-day SMA, today at 140.93.
In doing so, further decline now appears in store in the very near term and with the immediate target at the 138.00 region.
EUR/JPY daily chart
|Today last price||140.33|
|Today Daily Change||62|
|Today Daily Change %||-0.14|
|Today daily open||140.52|
|Previous Daily High||141.94|
|Previous Daily Low||140.08|
|Previous Weekly High||142.3|
|Previous Weekly Low||140.47|
|Previous Monthly High||142.86|
|Previous Monthly Low||137.39|
|Daily Fibonacci 38.2%||140.79|
|Daily Fibonacci 61.8%||141.23|
|Daily Pivot Point S1||139.76|
|Daily Pivot Point S2||138.99|
|Daily Pivot Point S3||137.9|
|Daily Pivot Point R1||141.61|
|Daily Pivot Point R2||142.7|
|Daily Pivot Point R3||143.46|
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