- The cross was once again rejected from the 126.00 neighbourhood on Wednesday, although it keeps flirting with the short-term resistance line, today at 125.83.
- Extra gains will need EUR/JPY to clear the 126.00 area on a convincing fashion.
- That said, the next significant hurdle emerges at later-December peaks in the 127.00 region.
EUR/JPY daily chart
EUR/JPY
Overview:
Today Last Price: 125.55
Today Daily change: 36 pips
Today Daily change %: -0.11%
Today Daily Open: 125.69
Trends:
Daily SMA20: 124.99
Daily SMA50: 125.32
Daily SMA100: 127.11
Daily SMA200: 128.24
Levels:
Previous Daily High: 125.94
Previous Daily Low: 125.34
Previous Weekly High: 125.54
Previous Weekly Low: 124.19
Previous Monthly High: 127.07
Previous Monthly Low: 118.84
Daily Fibonacci 38.2%: 125.72
Daily Fibonacci 61.8%: 125.57
Daily Pivot Point S1: 125.38
Daily Pivot Point S2: 125.06
Daily Pivot Point S3: 124.78
Daily Pivot Point R1: 125.98
Daily Pivot Point R2: 126.26
Daily Pivot Point R3: 126.58
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