- The cross is down for yet another session at the end of the week, prolonging the rejection from recent tops in the boundaries of 126.00 the figure.
- While below the 4-month resistance line, today at 126.52, the view on EUR/JPY is expected to remain negative with the next target at late January lows in the 123.80/75 band.
- Extra losses are seen re-visiting the mid-January lows at 123.39.
EUR/JPY daily chart
EUR/JPY
Overview:
Today Last Price: 124.39
Today Daily change: 26 pips
Today Daily change %: -0.18%
Today Daily Open: 124.61
Trends:
Daily SMA20: 124.73
Daily SMA50: 125.95
Daily SMA100: 127.74
Daily SMA200: 128.48
Levels:
Previous Daily High: 125.07
Previous Daily Low: 124.34
Previous Weekly High: 125.74
Previous Weekly Low: 124.36
Previous Monthly High: 127.07
Previous Monthly Low: 118.84
Daily Fibonacci 38.2%: 124.62
Daily Fibonacci 61.8%: 124.79
Daily Pivot Point S1: 124.28
Daily Pivot Point S2: 123.94
Daily Pivot Point S3: 123.54
Daily Pivot Point R1: 125.01
Daily Pivot Point R2: 125.41
Daily Pivot Point R3: 125.74
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