EUR/JPY Technical Analysis: Interim support emerged at 121.60

  • The le lower in EUR/JPY appears so far to have met decent support in the 121.60 region, coincident with today’s and Friday’s low.
  • A breach of this area of contention should expose recent lows in the 120.80/75 band ahead of 2019 lows in sub-119.00 levels (‘flash crash’ in early January).
  • On the broader outlook, the bearish bias on the cross remains intact below the multi-month resistance line, today at 124.98.

EUR/JPY daily chart


Today last price 121.73
Today Daily Change 37
Today Daily Change % 0.04
Today daily open 121.68
Daily SMA20 122.27
Daily SMA50 123.7
Daily SMA100 124.54
Daily SMA200 126.38
Previous Daily High 122.3
Previous Daily Low 121.58
Previous Weekly High 123.18
Previous Weekly Low 121.58
Previous Monthly High 125.24
Previous Monthly Low 120.92
Daily Fibonacci 38.2% 121.86
Daily Fibonacci 61.8% 122.02
Daily Pivot Point S1 121.41
Daily Pivot Point S2 121.14
Daily Pivot Point S3 120.7
Daily Pivot Point R1 122.12
Daily Pivot Point R2 122.56
Daily Pivot Point R3 122.83



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