After briefly testing the area above the critical 129.00 handle, the cross came under some selling pressure today and is now eroding the (now support) line at 128.67. EUR/JPY now needs to surpass recent tops around 129.30 to allow for extra gains to the 200-day SMA at 129.85, considered the last defence of November’s high in the 130.20 zone. On the downside, initial contention should emerge in the mid-127.00s, or November’s low. EUR/JPY daily chart EUR/JPY Overview: Today Last Price: 128.81 Today Daily change: -38 pips Today Daily change %: -0.294% Today Daily Open: 129.19 Trends: Previous Daily SMA20: 128.79 Previous Daily SMA50: 129.61 Previous Daily SMA100: 129.45 Previous Daily SMA200: 129.88 Levels: Previous Daily High: 129.28 Previous Daily Low: 128.24 Previous Weekly High: 129.12 Previous Weekly Low: 127.82 Previous Monthly High: 132.49 Previous Monthly Low: 126.63 Previous Daily Fibonacci 38.2%: 128.88 Previous Daily Fibonacci 61.8%: 128.64 Previous Daily Pivot Point S1: 128.53 Previous Daily Pivot Point S2: 127.87 Previous Daily Pivot Point S3: 127.5 Previous Daily Pivot Point R1: 129.56 Previous Daily Pivot Point R2: 129.93 Previous Daily Pivot Point R3: 130.59 FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/GBP Technical Analysis: Rallies to 0.8900 handle, move beyond monthly tops remain elusive FX Street 4 years After briefly testing the area above the critical 129.00 handle, the cross came under some selling pressure today and is now eroding the (now support) line at 128.67. EUR/JPY now needs to surpass recent tops around 129.30 to allow for extra gains to the 200-day SMA at 129.85, considered the last defence of November's high in the 130.20 zone. On the downside, initial contention should emerge in the mid-127.00s, or November's low. EUR/JPY daily chart EUR/JPY Overview: Today Last Price:… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.