EUR/JPY Technical Analysis: The cross is flirting with the resistance line near 126.70

  • The cross is prolonging the consolidation theme above the 126.00 milestone for the time being, testing the key resistance line near 126.70.
  • Once and if cleared, the next target to the upside should be YTD highs in the mid-127.00s ahead of the key 200-day SMA at 127.64.
  • On the downside, the 125.80/30 band offers solid contention, coincident with the 10-, 100-, 55- and 21-day SMAs.

EUR/JPY daily chart


Today last price 126.64
Today Daily Change 45
Today Daily Change % 0.21
Today daily open 126.37
Daily SMA20 125.25
Daily SMA50 125.48
Daily SMA100 125.8
Daily SMA200 127.63
Previous Daily High 126.69
Previous Daily Low 126.2
Previous Weekly High 126.78
Previous Weekly Low 124.78
Previous Monthly High 127.52
Previous Monthly Low 123.64
Daily Fibonacci 38.2% 126.38
Daily Fibonacci 61.8% 126.5
Daily Pivot Point S1 126.15
Daily Pivot Point S2 125.92
Daily Pivot Point S3 125.65
Daily Pivot Point R1 126.64
Daily Pivot Point R2 126.91
Daily Pivot Point R3 127.14



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