EUR/JPY Technical Analysis: The cross now targets the key 200-day SMA beyond the 128.00 handle
|- 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
EUR/JPY
Overview:
Today Last Price: 127.14
Today Daily change: 78 pips
Today Daily change %: 0.29%
Today Daily Open: 126.77
Trends:
Daily SMA20: 125.36
Daily SMA50: 125.07
Daily SMA100: 126.85
Daily SMA200: 128.12
Levels:
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
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