EUR/JPY Price Analysis: I can see 150.00 just there

EUR/JPY climbs sharply to 2023 past 149.00.
Further upside could visit the 150.00 region in the near term.

Pablo Piovano FXStreet

EUR/JPY rallies north of the 149.00 hurdle for the first time since early December 2014.

The underlying strong upside momentum in the cross appears unchallenged for the time being. Against that, the continuation of the upward bias should challenge the key 150.00 barrier in the relatively short term.

So far, further upside looks favoured while the cross trades above the 200-day SMA, today at 142.43.

EUR/JPY daily chart

EUR/JPY

Overview
Today last price	149.38
Today Daily Change	274
Today Daily Change %	1.12
Today daily open	147.73

Trends
Daily SMA20	146.05
Daily SMA50	144.37
Daily SMA100	142.94
Daily SMA200	142.41

Levels
Previous Daily High	147.99
Previous Daily Low	147.14
Previous Weekly High	147.86
Previous Weekly Low	146.4
Previous Monthly High	145.67
Previous Monthly Low	138.83
Daily Fibonacci 38.2%	147.67
Daily Fibonacci 61.8%	147.47
Daily Pivot Point S1	147.25
Daily Pivot Point S2	146.77
Daily Pivot Point S3	146.4
Daily Pivot Point R1	148.1
Daily Pivot Point R2	148.47
Daily Pivot Point R3	148.95

Author

Pablo Piovano

FXStreet

Born and bred in Argentina, Pablo has been carrying on with his passion for FX markets and trading since his first college years.

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