- EUR/JPY advances for the fourth session in a row on Friday.
- Immediately to the upside emerges the monthly high near 137.00.
EUR/JPY extends the recovery for yet another session ahead of key US data releases.
Considering the ongoing price action, further upside in the cross appears likely for the time being. That said, the breakout of the monthly peak at 136.92 (August 4) should open the door to a potential visit to the 100- and 55-day SMAs at 137.88 and 139.50, respectively.
While above the 200-day SMA at 133.75, the outlook for the cross is expected to remain constructive.
|Today last price||136.26|
|Today Daily Change||75|
|Today Daily Change %||0.07|
|Today daily open||136.16|
|Previous Daily High||136.92|
|Previous Daily Low||135.64|
|Previous Weekly High||140.08|
|Previous Weekly Low||135.55|
|Previous Monthly High||142.43|
|Previous Monthly Low||135.55|
|Daily Fibonacci 38.2%||136.43|
|Daily Fibonacci 61.8%||136.13|
|Daily Pivot Point S1||135.56|
|Daily Pivot Point S2||134.96|
|Daily Pivot Point S3||134.28|
|Daily Pivot Point R1||136.84|
|Daily Pivot Point R2||137.52|
|Daily Pivot Point R3||138.12|
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