Home EUR/JPY Technical Analysis: Upside in the cross faltered just ahead of the 127.00 handle
FXStreet News

EUR/JPY Technical Analysis: Upside in the cross faltered just ahead of the 127.00 handle

  • EUR/JPY is navigating the upper end of the recent range in the mid-126.00s following a test of the boundaries of the key 127.00 barrier.
  • Immediate target on the upside is now at the 2019 high at 127.50 (March 1).
  • Extra gains should visit the critical 200-day SMA, today at 127.65.

EUR/JPY daily chart

 

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.