EUR/JPY Price Analysis: The 131.00 level emerges on the horizon

  • EUR/JPY trades at shouting distance from YTD highs.
  • Next on the upside comes in the 131.00 yarstick.

EUR/JPY advances further to the vicinity of the 2021 highs near 130.70 on Wednesday.

The surpass of yearly highs should pave the way for an attempt to the round level at 131.00 the figure ahead of the 2018 high at 131.98 (July 17).

A break below the latter should alleviate the upside pressure and allow for some corrective downside in the short-term view.

In the meantime, while above the 200-day SMA at 125.51 the broader outlook for the cross should remain constructive.

EUR/JPY daiy chart


Today last price 130.5
Today Daily Change 47
Today Daily Change % 0.12
Today daily open 130.35
Daily SMA20 129.67
Daily SMA50 128.49
Daily SMA100 127.17
Daily SMA200 125.55
Previous Daily High 130.56
Previous Daily Low 129.81
Previous Weekly High 130.34
Previous Weekly Low 128.83
Previous Monthly High 130.67
Previous Monthly Low 128.18
Daily Fibonacci 38.2% 130.28
Daily Fibonacci 61.8% 130.1
Daily Pivot Point S1 129.92
Daily Pivot Point S2 129.49
Daily Pivot Point S3 129.17
Daily Pivot Point R1 130.67
Daily Pivot Point R2 130.99
Daily Pivot Point R3 131.42



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