Home EUR/JPY Technical Analysis: Further upside should meet the 100-day SMA at 120.75

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EUR/JPY Technical Analysis: Further upside should meet the 100-day SMA at 120.75

FX Street

Updated: 18 Sep. 2019 | 09:27

EUR/JPY is flirting with the short-term resistance line in the 119.80 region, challenging at the same time weekly highs.
A clear breakout of this resistance area along with the psychological 120.00 handle should put the 100-day SMA at 120.75 back on the radar.
Further up lines up emerge late July peaks in the 121.40 area.

EUR/JPY daily chart

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