EUR/JPY Price Analysis: Positive outlook remains in place

EUR/JPY starts the week in a volatile fashion and revisits 145.00.
The next up barrier of note comes at the December 2022 high.

Pablo Piovano FXStreet

EUR/JPY regains some composure and advances to the 145.00 region at the beginning of the week.

A daily close above the 2023 top at 145.67 (March 31) 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 141.82.

EUR/JPY daily chart

EUR/JPY

Overview
Today last price	144.54
Today Daily Change	132
Today Daily Change %	0.33
Today daily open	144.07

Trends
Daily SMA20	142.91
Daily SMA50	142.65
Daily SMA100	142.55
Daily SMA200	141.85

Levels
Previous Daily High	145.67
Previous Daily Low	143.89
Previous Weekly High	145.67
Previous Weekly Low	140.57
Previous Monthly High	145.67
Previous Monthly Low	138.83
Daily Fibonacci 38.2%	144.57
Daily Fibonacci 61.8%	144.99
Daily Pivot Point S1	143.42
Daily Pivot Point S2	142.76
Daily Pivot Point S3	141.63
Daily Pivot Point R1	145.2
Daily Pivot Point R2	146.33
Daily Pivot Point R3	146.98

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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