- EUR/JPY is now reverting part of yesterday’s moderate rebound after being rejected once again from the 129.00 neighbourhood.
- The cross keeps struggling to break above the key 128.70/129.20 area, where converge the 21-day SMA, the 10-day SMA and weekly peaks.
- On the downside, a test of October’s low in the 126.60 region remains well on the cards as long as the resistance line at 129.76 caps the upside.
EUR/JPY daily chart
EUR/JPY
Overview:
Last Price: 128.49
Daily change: 9.0 pips
Daily change: 0.0701%
Daily Open: 128.4
Trends:
Daily SMA20: 128.7
Daily SMA50: 129.88
Daily SMA100: 129.52
Daily SMA200: 130.15
Levels:
Daily High: 128.78
Daily Low: 127.5
Weekly High: 130.16
Weekly Low: 128.6
Monthly High: 132.49
Monthly Low: 126.63
Daily Fibonacci 38.2%: 128.29
Daily Fibonacci 61.8%: 127.98
Daily Pivot Point S1: 127.67
Daily Pivot Point S2: 126.94
Daily Pivot Point S3: 126.39
Daily Pivot Point R1: 128.95
Daily Pivot Point R2: 129.5
Daily Pivot Point R3: 130.23
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