- EUR/JPY dipped below 120.00 during early trade following the ‘flash crash’ in the Japanese Yen, recording at the same time the lowest level since late April 2017.
- The negative stance in the cross is expected to prevail as long as it trades below the 3-month resistance line, today at 128.28.
- Any serious attempt of recovery should regain the 124.60 region (May 2108 lows) ahead of 124.90 (August 2018 lows).
EUR/JPY daily chart
EUR/JPY
Overview:
Today Last Price: 122.46
Today Daily change: -1.3e+2 pips
Today Daily change %: -1.07%
Today Daily Open: 123.79
Trends:
Previous Daily SMA20: 127.2
Previous Daily SMA50: 128.04
Previous Daily SMA100: 128.95
Previous Daily SMA200: 129.43
Levels:
Previous Daily High: 126.39
Previous Daily Low: 123.7
Previous Weekly High: 127.1
Previous Weekly Low: 125.36
Previous Monthly High: 129.3
Previous Monthly Low: 125.36
Previous Daily Fibonacci 38.2%: 124.72
Previous Daily Fibonacci 61.8%: 125.36
Previous Daily Pivot Point S1: 122.86
Previous Daily Pivot Point S2: 121.93
Previous Daily Pivot Point S3: 120.17
Previous Daily Pivot Point R1: 125.56
Previous Daily Pivot Point R2: 127.32
Previous Daily Pivot Point R3: 128.25
