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  • EUR/JPY has regained fresh upside traction and surpassed the key barrier at 127.00 the figure, coincident with later December 2018 peaks.
  • The continuation of the up move should meet the next significant hurdle above the 128.00 mark, 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 124.55.

EUR/JPY daily chart


       Today Last Price:  127.14
       Today Daily change:  78  pips
       Today Daily change %:  0.29%
       Today Daily Open:  126.77
       Daily SMA20:  125.36
       Daily SMA50:  125.07
       Daily SMA100:  126.85
       Daily SMA200:  128.12
       Previous Daily High:  126.92
       Previous Daily Low:  125.88
       Previous Weekly High:  125.94
       Previous Weekly Low:  124.7
       Previous Monthly High:  126.92
       Previous Monthly Low:  124.16
       Daily Fibonacci 38.2%:  126.52
       Daily Fibonacci 61.8%:  126.28
       Daily Pivot Point S1:  126.13
       Daily Pivot Point S2:  125.49
       Daily Pivot Point S3:  125.1
       Daily Pivot Point R1:  127.16
       Daily Pivot Point R2:  127.55
       Daily Pivot Point R3:  128.19