- EUR/JPY extends the upside past the 150.00 hurdle.
- Extra gains could see the 2023 peak near 151.60 revisited.
EUR/JPY climbs for the third session in a row and briefly surpasses the key 150.00 barrier on Friday.
While the likeliness of further consolidation appears a plausible near-term scenario, a convincing breakout of the key round level at 150.00 could encourage the cross to dispute the 2023 top at 151.61 (May 2) in the not-so-distant future.
So far, further upside looks favoured while the cross trades above the 200-day SMA, today at 143.62.
EUR/JPY daily chart
|Today last price||150.08|
|Today Daily Change||49|
|Today Daily Change %||-0.09|
|Today daily open||150.21|
|Previous Daily High||150.32|
|Previous Daily Low||149.29|
|Previous Weekly High||149.8|
|Previous Weekly Low||147.22|
|Previous Monthly High||150.44|
|Previous Monthly Low||142.55|
|Daily Fibonacci 38.2%||149.93|
|Daily Fibonacci 61.8%||149.68|
|Daily Pivot Point S1||149.57|
|Daily Pivot Point S2||148.92|
|Daily Pivot Point S3||148.54|
|Daily Pivot Point R1||150.59|
|Daily Pivot Point R2||150.96|
|Daily Pivot Point R3||151.61|
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