Home EUR/JPY Technical Analysis: Recovery stalled near the 200-day SMA. Initial support is located at the 100-day SMA at 129.41
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EUR/JPY Technical Analysis: Recovery stalled near the 200-day SMA. Initial support is located at the 100-day SMA at 129.41

  • Today’s bullish attempt in EUR/JPY run out of steam in the mid-130.00s, coincident with the 10-day SMA and close to the critical 200-day SMA, today at 130.82.
  • In the meantime, the bearish note in the cross remains well and sound as long as the resistance line at 132.83 caps.
  • The resumption of the downtrend should meet initial support at yesterday’s low at 129.21, seconded by September’s low at 127.86.

EUR/JPY   daily chart

 

 

 

 

 

 

 

 

 

 

EUR/JPY

Overview:
       Last Price:  129.77
       Daily change:  -27  pips
       Daily change:  -0.208%
       Daily Open:  130.04
Trends:
       Daily SMA20:  131.28
       Daily SMA50:  129.57
       Daily SMA100:  129.38
       Daily SMA200:  130.9
Levels:
       Daily High:  130.24
       Daily Low:  129.21
       Weekly High:  132.49
       Weekly Low:  130.6
       Monthly High:  133.15
       Monthly Low:  127.87
       Daily Fibonacci 38.2%:  129.84
       Daily Fibonacci 61.8%:  129.6
       Daily Pivot Point S1:  129.42
       Daily Pivot Point S2:  128.8
       Daily Pivot Point S3:  128.4
       Daily Pivot Point R1:  130.44
       Daily Pivot Point R2:  130.85
       Daily Pivot Point R3:  131.47

 

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