- The recent decline in EUR/JPY appears to have found support in the 128.00 region, where coincides the key 21-day SMA.
- Further upside in the cross needs to surpass the critical resistance line, today at 130.30 to allow a visit of late-August peaks near 130.90.
- Further north, the 200-day SMA at 131.26 awaits ahead of the more relevant tops just above 132.00 the figure seen in July.
EUR/JPY daily chart
Daily high: 130.00
Daily low: 128.60
Support Levels
S1: 128.50
S2: 127.96
S3: 127.60
Resistance Levels
R1: 129.39
R2: 129.75
R3: 130.29
Share
