- EUR/JPY picks up extra pace and trespasses the 144.00 hurdle.
- Extra advance could put the YTD high near 145.60 to the test.
EUR/JPY adds to the weekly optimism and extends the strong rebound north of 144.00 the figure on Thursday, or 2-week peaks.
Following the breakout of the key 200-day SMA (141.80), the cross could now accelerate gains to the 2023 top at 145.56 (March 2). The surpass of this level could motivate the cross to embark on a potential visit to the December 2022 high around 146.70 (December 15).
In the meantime, extra gains remain on the table while the cross trades above the 200-day SMA.
EUR/JPY daily chart
|Today last price||144.23|
|Today Daily Change||123|
|Today Daily Change %||0.11|
|Today daily open||144.07|
|Previous Daily High||144.1|
|Previous Daily Low||141.79|
|Previous Weekly High||143.63|
|Previous Weekly Low||138.83|
|Previous Monthly High||145.47|
|Previous Monthly Low||139.55|
|Daily Fibonacci 38.2%||143.22|
|Daily Fibonacci 61.8%||142.68|
|Daily Pivot Point S1||142.54|
|Daily Pivot Point S2||141.01|
|Daily Pivot Point S3||140.23|
|Daily Pivot Point R1||144.85|
|Daily Pivot Point R2||145.63|
|Daily Pivot Point R3||147.16|
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