- EURJPY adds to the weekly leg lower and breaks below 143.00.
- Next on the downside now comes the October lows near 140.90.
EURJPY accelerates its decline and breaches the key support at 143.00 the figure so far on Friday.
The cross seems to have embarked on a corrective phase and the continuation of this stance could now extend to the October low near 140.90, an area coincident with the 3-month support line (off the August low).
In the longer run, while above the key 200-day SMA at 138.08, the constructive outlook is expected to remain unchanged.
EURJPY daily chart
|Today last price||143.64|
|Today Daily Change||248|
|Today Daily Change %||-0.26|
|Today daily open||144.01|
|Previous Daily High||146.74|
|Previous Daily Low||143.89|
|Previous Weekly High||147.76|
|Previous Weekly Low||144.04|
|Previous Monthly High||148.4|
|Previous Monthly Low||140.9|
|Daily Fibonacci 38.2%||144.98|
|Daily Fibonacci 61.8%||145.66|
|Daily Pivot Point S1||143.02|
|Daily Pivot Point S2||142.03|
|Daily Pivot Point S3||140.17|
|Daily Pivot Point R1||145.87|
|Daily Pivot Point R2||147.73|
|Daily Pivot Point R3||148.72|
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