EUR/JPY Price Analysis: Next on the upside now comes 146.70

EUR/JPY extends the move higher and prints new 2023 highs.
The December 2022 peak near 146.70 now emerges on the horizon.

Pablo Piovano FXStreet

EUR/JPY advances past the 145.00 hurdle to record new YTD peaks in the 145.65/70 band on Friday.

A daily close above the 2023 peak should motivate the cross to shift its focus to the December 2022 top around 146.70 (December 15) in the short-term horizon.

In the meantime, extra gains remain on the table while the cross trades above the 200-day SMA, today at 141.81.

EUR/JPY daily chart

EUR/JPY

Overview
Today last price	144.9
Today Daily Change	113
Today Daily Change %	0.15
Today daily open	144.69

Trends
Daily SMA20	142.93
Daily SMA50	142.58
Daily SMA100	142.54
Daily SMA200	141.84

Levels
Previous Daily High	145.08
Previous Daily Low	143.14
Previous Weekly High	143.63
Previous Weekly Low	138.83
Previous Monthly High	145.47
Previous Monthly Low	139.55
Daily Fibonacci 38.2%	144.34
Daily Fibonacci 61.8%	143.88
Daily Pivot Point S1	143.52
Daily Pivot Point S2	142.35
Daily Pivot Point S3	141.57
Daily Pivot Point R1	145.47
Daily Pivot Point R2	146.25
Daily Pivot Point R3	147.42

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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