EUR/JPY Technical Analysis: Rising odds for a test of 121.00 and beyond


  • The rally in EUR/JPY remains well in place so far, tracking the solid performance of the European currency and the persistent offered bias in the Japanese safe haven.
  • The cross quickly left behind the 120.00 neighbourhood and it has now shifted its attention to the 121.00 area and above.
  • Further up emerges late July peak near 121.40 ahead of the critical 200-day SMA at 122.28.

EUR/JPY daily chart

EUR/JPY

Overview
Today last price 120.67
Today Daily Change 44
Today Daily Change % 0.21
Today daily open 120.42
 
Trends
Daily SMA20 118.34
Daily SMA50 118.22
Daily SMA100 119.81
Daily SMA200 122.32
 
Levels
Previous Daily High 120.49
Previous Daily Low 119.75
Previous Weekly High 120.01
Previous Weekly Low 117.08
Previous Monthly High 120.01
Previous Monthly Low 115.86
Daily Fibonacci 38.2% 120.21
Daily Fibonacci 61.8% 120.03
Daily Pivot Point S1 119.95
Daily Pivot Point S2 119.48
Daily Pivot Point S3 119.21
Daily Pivot Point R1 120.69
Daily Pivot Point R2 120.96
Daily Pivot Point R3 121.44

 

 

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