EUR/JPY Price Analysis: Immediately to the upside emerges 146.70

EUR/JPY climbs to fresh yearly highs past the 145.00 mark on Tuesday.
Further up comes the December 2022 high near 146.70.

Pablo Piovano FXStreet

EUR/JPY adds to the ongoing strong rebound and surpasses the key hurdle at 145.00 the figure on Tuesday.

The continuation of the current upside momentum should challenge the December 2022 top at 146.72 (December 15) ahead of the 2022 high at 148.40 (October 21 2022).

In the meantime, while above the 200-day SMA, today at 141.50, the outlook for the cross is expected to remain positive.

EUR/JPY daily chart

EUR/JPY

Overview
Today last price	145.11
Today Daily Change	104
Today Daily Change %	0.39
Today daily open	144.54

Trends
Daily SMA20	142.31
Daily SMA50	141.32
Daily SMA100	143.15
Daily SMA200	141.49

Levels
Previous Daily High	144.55
Previous Daily Low	143.57
Previous Weekly High	144.16
Previous Weekly Low	142.16
Previous Monthly High	142.86
Previous Monthly Low	137.39
Daily Fibonacci 38.2%	144.17
Daily Fibonacci 61.8%	143.94
Daily Pivot Point S1	143.89
Daily Pivot Point S2	143.24
Daily Pivot Point S3	142.91
Daily Pivot Point R1	144.87
Daily Pivot Point R2	145.2
Daily Pivot Point R3	145.86

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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