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EUR/JPY Technical Analysis: The cross is now focused on the 129.00 neighbourhood

  • EUR/JPY is advancing for yet another session on Monday and is now re-targeting the 129.00 region and above, where is located last week’s peak.
  • The loss of last week’s low at 127.49 (November 13) should trigger a deeper pullback with immediate target at October’s low in the 126.60 zone.
  • While below the short-term resistance line, today at 129.47, the cross should remain offered.

EUR/JPY daily chart

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EUR/JPY

Overview:
       Last Price:  128.8
       Daily change:  2.0  pips
       Daily change:  0.0155%
       Daily Open:  128.78
Trends:
       Daily SMA20:  128.62
       Daily SMA50:  129.86
       Daily SMA100:  129.53
       Daily SMA200:  130.05
Levels:
       Daily High:  128.92
       Daily Low:  128.12
       Weekly High:  129.24
       Weekly Low:  127.5
       Monthly High:  132.49
       Monthly Low:  126.63
       Daily Fibonacci 38.2%:  128.61
       Daily Fibonacci 61.8%:  128.43
       Daily Pivot Point S1:  128.29
       Daily Pivot Point S2:  127.81
       Daily Pivot Point S3:  127.5
       Daily Pivot Point R1:  129.09
       Daily Pivot Point R2:  129.4
       Daily Pivot Point R3:  129.88

 

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