- The cross has managed to break above the critical resistance area in the 125.00 neighbourhood, posting at the same time multi-day peaks and opening the door for potential gains.
- Further north, EUR/JPY should meet the next target at the short-term resistance line, today at 126.71, ahead of late-December peaks in the 127.00 zone.
- On the downside, the 124.88/67 band, where coincides the 10-day SMA and 21-day SMA should offer initial contention.
EUR/JPY daily chart
EUR/JPY
Overview:
Today Last Price: 125.79
Today Daily change: 0.29 pips
Today Daily change %: 0.23%
Today Daily Open: 125.5
Trends:
Daily SMA20: 124.63
Daily SMA50: 126.25
Daily SMA100: 127.99
Daily SMA200: 128.61
Levels:
Previous Daily High: 125.74
Previous Daily Low: 124.36
Previous Weekly High: 125.74
Previous Weekly Low: 124.36
Previous Monthly High: 127.07
Previous Monthly Low: 118.84
Daily Fibonacci 38.2%: 125.21
Daily Fibonacci 61.8%: 124.89
Daily Pivot Point S1: 124.66
Daily Pivot Point S2: 123.83
Daily Pivot Point S3: 123.29
Daily Pivot Point R1: 126.04
Daily Pivot Point R2: 126.58
Daily Pivot Point R3: 127.41
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