- EUR/JPY has been trading in a bull leg since October 26.
- EUR/JPY is now challenging the 200-period simple moving average (SMA) on the 4-hour chart and 130.22 (October 22 swing high).
- A break above the level can open the doors to 131.00 figure. Alternatively, to the downside support is seen near 129.50 and 129.00 figure.
EUR/JPY 4-hour chart
Resistance 1: 130.00 figure
Resistance 2: 131.00 figure
Resistance 3: 131.90 September 24 low
Support 1: 129.50 figure
Support 2: 129.00 figure
Support 3: 127.61 November 1 low
Support 4: 126.63 October low
Support 5: 126.00 figure
Additional key levels at a glance:
EUR/JPY
Overview:
Last Price: 129.86
Daily change: 31 pips
Daily change: 0.239%
Daily Open: 129.55
Trends:
Daily SMA20: 128.89
Daily SMA50: 129.93
Daily SMA100: 129.47
Daily SMA200: 130.32
Levels:
Daily High: 129.57
Daily Low: 128.84
Weekly High: 129.34
Weekly Low: 127.24
Monthly High: 132.49
Monthly Low: 126.63
Daily Fibonacci 38.2%: 129.3
Daily Fibonacci 61.8%: 129.12
Daily Pivot Point S1: 129.07
Daily Pivot Point S2: 128.59
Daily Pivot Point S3: 128.34
Daily Pivot Point R1: 129.8
Daily Pivot Point R2: 130.05
Daily Pivot Point R3: 130.53