- EUR/JPY is retreating for the first time after three consecutive daily gains, coming back to the 127.00 neighbourhood after hitting 2019 tops in the mid-127.00s on Friday.
- The continuation of the up move should meet the next significant hurdle 128.11, where is located the critical 200-day SMA.
- On the broader picture, the constructive outlook in the cross remains unchanged while above the short-term support line, today at 124.60.
EUR/JPY daily chart
EUR/JPY
Overview:
Today Last Price: 126.98
Today Daily change: 47 pips
Today Daily change %: -0.21%
Today Daily Open: 127.25
Trends:
Daily SMA20: 125.45
Daily SMA50: 125.08
Daily SMA100: 126.83
Daily SMA200: 128.12
Levels:
Previous Daily High: 127.52
Previous Daily Low: 126.6
Previous Weekly High: 127.52
Previous Weekly Low: 125.38
Previous Monthly High: 126.92
Previous Monthly Low: 124.16
Daily Fibonacci 38.2%: 127.17
Daily Fibonacci 61.8%: 126.96
Daily Pivot Point S1: 126.73
Daily Pivot Point S2: 126.21
Daily Pivot Point S3: 125.81
Daily Pivot Point R1: 127.65
Daily Pivot Point R2: 128.04
Daily Pivot Point R3: 128.56