- EUR/JPY clinches fresh tops near 148.60 on Tuesday.
- Next of note on the upside comes the 150.00 yardstick.
EUR/JPY corrects lower following the move to fresh highs in the 148.60/65 band, an area last seen back in later December 2014.
The underlying strong upside momentum in the cross appears so far unabated despite the ongoing knee-jerk. Further north of recent tops at 148.63 (April 25), the cross could embark on a potential visit to the key 150.00 mark in the not-so-distant future.
So far, further upside looks favoured while the cross trades above the 200-day SMA, today at 142.31.
EUR/JPY daily chart
|Today last price||147.79|
|Today Daily Change||102|
|Today Daily Change %||-0.34|
|Today daily open||148.29|
|Previous Daily High||148.47|
|Previous Daily Low||147.12|
|Previous Weekly High||147.86|
|Previous Weekly Low||146.4|
|Previous Monthly High||145.67|
|Previous Monthly Low||138.83|
|Daily Fibonacci 38.2%||147.96|
|Daily Fibonacci 61.8%||147.64|
|Daily Pivot Point S1||147.45|
|Daily Pivot Point S2||146.61|
|Daily Pivot Point S3||146.1|
|Daily Pivot Point R1||148.8|
|Daily Pivot Point R2||149.31|
|Daily Pivot Point R3||150.15|
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