- The cross is prolonging the sideline theme prevailing since the start of the year.
- EUR/JPY needs to surpass the critical 125.00 region to allow for extra gains. This area of resistance is reinforced by August 2018 lows near 124.90 and the 21-day SMA, today at 124.94.
- Additionally, the bearish outlook is expected to remain unchanged while below this resistance zone.
EUR/JPY daily chart
EUR/JPY
Overview:
Today Last Price: 124.7
Today Daily change: -0.03 pips
Today Daily change %: -0.02%
Today Daily Open: 124.73
Trends:
Daily SMA20: 124.87
Daily SMA50: 126.98
Daily SMA100: 128.45
Daily SMA200: 129
Levels:
Previous Daily High: 124.98
Previous Daily Low: 124.22
Previous Weekly High: 124.98
Previous Weekly Low: 123.39
Previous Monthly High: 129.3
Previous Monthly Low: 125.36
Daily Fibonacci 38.2%: 124.69
Daily Fibonacci 61.8%: 124.51
Daily Pivot Point S1: 124.3
Daily Pivot Point S2: 123.88
Daily Pivot Point S3: 123.54
Daily Pivot Point R1: 125.06
Daily Pivot Point R2: 125.4
Daily Pivot Point R3: 125.82
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