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  • EUR/JPY is retreating for the first time after three consecutive daily gains, coming back to the 127.00 neighbourhood after hitting 2019 tops in the mid-127.00s on Friday.
  • The continuation of the up move should meet the next significant hurdle 128.11, where is located the critical 200-day SMA.
  • On the broader picture, the constructive outlook in the cross remains unchanged while above the short-term support line, today at 124.60.

EUR/JPY daily chart


       Today Last Price:  126.98
       Today Daily change:  47  pips
       Today Daily change %:  -0.21%
       Today Daily Open:  127.25
       Daily SMA20:  125.45
       Daily SMA50:  125.08
       Daily SMA100:  126.83
       Daily SMA200:  128.12
       Previous Daily High:  127.52
       Previous Daily Low:  126.6
       Previous Weekly High:  127.52
       Previous Weekly Low:  125.38
       Previous Monthly High:  126.92
       Previous Monthly Low:  124.16
       Daily Fibonacci 38.2%:  127.17
       Daily Fibonacci 61.8%:  126.96
       Daily Pivot Point S1:  126.73
       Daily Pivot Point S2:  126.21
       Daily Pivot Point S3:  125.81
       Daily Pivot Point R1:  127.65
       Daily Pivot Point R2:  128.04
       Daily Pivot Point R3:  128.56