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EUR/JPY Technical Analysis: Attention still stays on the 122.00 region near term

  • EUR/JPY is looking to extend the sideline theme in the lower bound of the recent range below 123.00 the figure.
  • Occasional bullish attempts should meet interim resistance at 123.94, where sits the 21-day SMA ahead of the 124.90 area, where coincide the 100-day and 55-day SMAs.
  • In the meantime, a visit to recent lows near the 122.00 handle remains well in place in the near term as long as the cross navigates below the critical multi-month resistance line, today at 125.87.

EUR/JPY daily chart

EUR/JPY

Overview
Today last price122.9
Today Daily Change40
Today Daily Change %0.09
Today daily open122.79
 
Trends
Daily SMA20124.01
Daily SMA50124.91
Daily SMA100124.98
Daily SMA200126.98
Levels
Previous Daily High123
Previous Daily Low122.27
Previous Weekly High123.44
Previous Weekly Low122.07
Previous Monthly High126.86
Previous Monthly Low124.04
Daily Fibonacci 38.2%122.72
Daily Fibonacci 61.8%122.55
Daily Pivot Point S1122.37
Daily Pivot Point S2121.96
Daily Pivot Point S3121.64
Daily Pivot Point R1123.11
Daily Pivot Point R2123.42
Daily Pivot Point R3123.84

Author

Pablo Piovano

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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