EUR/JPY Technical Analysis: The cross is flirting with the 10-day SMA near 120.70


  • EUR/JPY has started the week on a positive note well above the 120.00 mark following two consecutive daily pullbacks on the back of renewed EUR weakness.
  • Further buying impulse should meet the next relevant hurdle at recent tops in the mid-121.00s ahead of the more relevant 200-day SMA at 122.16.
  • The resumption of the selling bias should meet strong support in the 120.00 neighbourhood ahead of the 100-day SMA at 119.71.

EUR/JPY daily chart

EUR/JPY

Overview
Today last price 120.56
Today Daily Change 28
Today Daily Change % 0.10
Today daily open 120.44
 
Trends
Daily SMA20 119.23
Daily SMA50 118.58
Daily SMA100 119.74
Daily SMA200 122.19
 
Levels
Previous Daily High 120.81
Previous Daily Low 120.34
Previous Weekly High 121.48
Previous Weekly Low 120.34
Previous Monthly High 120.01
Previous Monthly Low 115.86
Daily Fibonacci 38.2% 120.52
Daily Fibonacci 61.8% 120.63
Daily Pivot Point S1 120.25
Daily Pivot Point S2 120.07
Daily Pivot Point S3 119.79
Daily Pivot Point R1 120.72
Daily Pivot Point R2 121
Daily Pivot Point R3 121.18

 

 

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