- EUR/JPY is navigating the 129.60 region on Monday amidst alternating trends in the risk appetite.
- An up move to the 10-day SMA at 130.36 should pave the way for a quick test of the critical 200-day SMA at 130.79 ahead of the 21-day SMA at 131.19, where the bull run should come under some pressure.
- The bearish view, however, is poised to persist as long as the cross keeps the trade below the 2017-2018 resistance line, today at 132.79.
EUR/JPY daily chart
EUR/JPY
Overview:
Last Price: 129.53
Daily change: -11 pips
Daily change: -0.0849%
Daily Open: 129.64
Trends:
Daily SMA20: 131.25
Daily SMA50: 129.59
Daily SMA100: 129.4
Daily SMA200: 130.88
Levels:
Daily High: 130.52
Daily Low: 129.35
Weekly High: 131.26
Weekly Low: 129.21
Monthly High: 133.15
Monthly Low: 129.21
Daily Fibonacci 38.2%: 129.8
Daily Fibonacci 61.8%: 130.08
Daily Pivot Point S1: 129.16
Daily Pivot Point S2: 128.67
Daily Pivot Point S3: 127.99
Daily Pivot Point R1: 130.33
Daily Pivot Point R2: 131.01
Daily Pivot Point R3: 131.5
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