After an initial test of the 130.20 region in early trade, EUR/JPY has come under some selling pressure and is now navigating in the 129.40 area, turning negative for the day.
- In case of another bullish attempt, the cross should meet the interim hurdle at the 130.66/67 band, coincident with the 200-day SMA and 21-day SMA.
- A break above this area is need to allow for a visit to September’s peaks beyond 133.00 the figure.
- A mayor hurdle lies at the resistance line off 2018 highs, today at 132.67 .
EUR/JPY daily chart
EUR/JPY
Overview:
Last Price: 129.44
Daily change: -10 pips
Daily change: -0.0772%
Daily Open: 129.54
Trends:
Daily SMA20: 130.72
Daily SMA50: 129.7
Daily SMA100: 129.53
Daily SMA200: 130.73
Levels:
Daily High: 129.71
Daily Low: 128.42
Weekly High: 130.32
Weekly Low: 128.32
Monthly High: 133.15
Monthly Low: 127.87
Daily Fibonacci 38.2%: 129.21
Daily Fibonacci 61.8%: 128.91
Daily Pivot Point S1: 128.74
Daily Pivot Point S2: 127.94
Daily Pivot Point S3: 127.45
Daily Pivot Point R1: 130.02
Daily Pivot Point R2: 130.5
Daily Pivot Point R3: 131.3
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