EUR/JPY Technical Analysis: Decline is flirting with the 100-day SMA around 129.30

  • EUR/JPY is prolonging the leg lower on Tuesday and is approaching the key 100-day SMA at 129.36 and the support line off YTD tops, today at 129.12.
  • A breach of this support band could allow for a visit to September’s low at 127.86 ahead of June’s low at 126.64.
  • On the upside, occasional rallies should meet strong resistance at the 200-day SMA at 130.91.

EUR/JPY daily chart












    Last Price: 129.48
    Daily change: -64 pips
    Daily change: -0.492%
    Daily Open: 130.12
    Daily SMA20: 131.31
    Daily SMA50: 129.6
    Daily SMA100: 129.37
    Daily SMA200: 130.99
    Daily High: 131.26
    Daily Low: 129.51
    Weekly High: 132.49
    Weekly Low: 130.6
    Monthly High: 133.15
    Monthly Low: 127.87
    Daily Fibonacci 38.2%: 130.18
    Daily Fibonacci 61.8%: 130.59
    Daily Pivot Point S1: 129.33
    Daily Pivot Point S2: 128.54
    Daily Pivot Point S3: 127.58
    Daily Pivot Point R1: 131.09
    Daily Pivot Point R2: 132.05
    Daily Pivot Point R3: 132.84


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