Home EUR/JPY Technical Analysis: Extra consolidation below 127.00 appears likely
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EUR/JPY Technical Analysis: Extra consolidation below 127.00 appears likely

  • The cross remains sidelined in the upper end of the recent range, but still below the critical 127.00 the figure.
  • Further upside bias should see EUR/JPY visiting once again the area of YTD peaks at 127.50.
  • In the meantime, while above the short-term support line at 124.41, the constructive stance on the cross should remain unchanged.

EUR/JPY daily chart

EUR/JPY

Overview:
       Today Last Price:  126.26
       Today Daily change:  27  pips
       Today Daily change %:  -0.06%
       Today Daily Open:  126.34
Trends:
       Daily SMA20:  125.96
       Daily SMA50:  125.23
       Daily SMA100:  126.51
       Daily SMA200:  127.99
Levels:
       Previous Daily High:  126.7
       Previous Daily Low:  126.14
       Previous Weekly High:  126.58
       Previous Weekly Low:  124.48
       Previous Monthly High:  126.92
       Previous Monthly Low:  124.16
       Daily Fibonacci 38.2%:  126.49
       Daily Fibonacci 61.8%:  126.36
       Daily Pivot Point S1:  126.09
       Daily Pivot Point S2:  125.84
       Daily Pivot Point S3:  125.53
       Daily Pivot Point R1:  126.65
       Daily Pivot Point R2:  126.96
       Daily Pivot Point R3:  127.21

 

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