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  • EUR/JPY is advancing for the fifth consecutive session on Wednesday on the back of the upbeat momentum surrounding the European currency.
  • Immediate target of the up move remains at the 200-day SMA at 130.25 ahead of late-August peaks around 130.90.
  • However, the cross needs to break above the resistance line off YTD tops in order to extend the move higher, today at 132.33.

EUR/JPY daily chart















       Last Price:  129.94
       Daily change:  39  pips
       Daily change:  0.301%
       Daily Open:  129.55
       Daily SMA20:  128.89
       Daily SMA50:  129.93
       Daily SMA100:  129.47
       Daily SMA200:  130.32
       Daily High:  129.57
       Daily Low:  128.84
       Weekly High:  129.34
       Weekly Low:  127.24
       Monthly High:  132.49
       Monthly Low:  126.63
       Daily Fibonacci 38.2%:  129.3
       Daily Fibonacci 61.8%:  129.12
       Daily Pivot Point S1:  129.07
       Daily Pivot Point S2:  128.59
       Daily Pivot Point S3:  128.34
       Daily Pivot Point R1:  129.8
       Daily Pivot Point R2:  130.05
       Daily Pivot Point R3:  130.53