EUR/JPY Technical Analysis: Upside still capped by the 55-day SMA at 122.13

  • EUR/JPY is attempting a decent rebound to the 121.00 handle amidst some renewed offered tone surrounding the Japanese currency.
  • The cross, in the meantime, looks well supported in the 120.80/75 band, coincident with June/July lows so far.
  • In case sellers regain the initiative, there are no relevant levels until 2019 lows in the sub-119.00 zone seen in early January.
  • Below the 55-day SMA at 122.13 the negative outlook is expected to persist for the time being.

EUR/JPY daily chart


Today last price 121
Today Daily Change 39
Today Daily Change % 0.11
Today daily open 120.87
Daily SMA20 121.82
Daily SMA50 122.06
Daily SMA100 123.64
Daily SMA200 125.24
Previous Daily High 121.28
Previous Daily Low 120.8
Previous Weekly High 121.86
Previous Weekly Low 120.78
Previous Monthly High 123.18
Previous Monthly Low 120.78
Daily Fibonacci 38.2% 120.99
Daily Fibonacci 61.8% 121.1
Daily Pivot Point S1 120.68
Daily Pivot Point S2 120.5
Daily Pivot Point S3 120.2
Daily Pivot Point R1 121.17
Daily Pivot Point R2 121.47
Daily Pivot Point R3 121.66



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