EUR/JPY Price Analysis: Next on tap emerges the 2022 high past 144.00

EUR/JPY widens the rally beyond the 143.00 mark.
Next target now comes at the 2022 high above 144.00.

Pablo Piovano FXStreet

EUR/JPY picks up pace and trades with gains for the fourth consecutive session on Wednesday.

Extra gains in the cross remain well favoured for the time being, with the next target now emerging at the YTD high at 144.27 (June 28).

While above the 200-day SMA at 134.68, the prospects for the pair should remain constructive.

EUR/JPY daily chart

EUR/JPY

Overview
Today last price	143.26
Today Daily Change	204
Today Daily Change %	1.31
Today daily open	141.41

Trends
Daily SMA20	137.78
Daily SMA50	138.35
Daily SMA100	138.47
Daily SMA200	134.64

Levels
Previous Daily High	141.76
Previous Daily Low	139.58
Previous Weekly High	140.75
Previous Weekly Low	137.04
Previous Monthly High	139.73
Previous Monthly Low	133.4
Daily Fibonacci 38.2%	140.93
Daily Fibonacci 61.8%	140.41
Daily Pivot Point S1	140.07
Daily Pivot Point S2	138.73
Daily Pivot Point S3	137.89
Daily Pivot Point R1	142.25
Daily Pivot Point R2	143.1
Daily Pivot Point R3	144.44

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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