- The downside momentum in EUR/JPY gathers traction.
- Further south emerges the key support near 119.70.
EUR/JPY is extending the leg lower to the initial target at the 120.30 region, although further weakness remains in the pipeline in light of increasing trade concerns.
If the selling pressure picks up extra pace, then the next significant area of contention is located in the proximity of 119.70, where coincide the 55-day SMA and November 25th low.
Further south emerges the 119.30 area, coincident with the November low and the 100-day SMA.
|Today last price||120.22|
|Today Daily Change||44|
|Today Daily Change %||-0.13|
|Today daily open||120.38|
|Previous Daily High||120.97|
|Previous Daily Low||120.24|
|Previous Weekly High||120.77|
|Previous Weekly Low||119.68|
|Previous Monthly High||121.31|
|Previous Monthly Low||119.24|
|Daily Fibonacci 38.2%||120.52|
|Daily Fibonacci 61.8%||120.69|
|Daily Pivot Point S1||120.09|
|Daily Pivot Point S2||119.8|
|Daily Pivot Point S3||119.36|
|Daily Pivot Point R1||120.82|
|Daily Pivot Point R2||121.26|
|Daily Pivot Point R3||121.55|
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.