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EUR/JPY Technical Analysis: Rising odds for a test of 2019 highs beyond 127.00

  • EUR/JPY has resumed its march north after Friday’s lack of direction and is now flirting with the 100-day SMA in the mid-126.00s.
  • The continuation of the upside momentum should see the 127.50, or fresh YTD highs, revisited in the near term.
  • In the meantime, while above the short-term support line at 124.39, the constructive stance on the cross should remain unchanged.

EUR/JPY daily chart


    Today Last Price: 126.54
    Today Daily change: 0.29 pips
    Today Daily change %: 0.23%
    Today Daily Open: 126.25
    Daily SMA20: 125.9
    Daily SMA50: 125.2
    Daily SMA100: 126.53
    Daily SMA200: 128.01
    Previous Daily High: 126.58
    Previous Daily Low: 126.12
    Previous Weekly High: 126.58
    Previous Weekly Low: 124.48
    Previous Monthly High: 126.92
    Previous Monthly Low: 124.16
    Daily Fibonacci 38.2%: 126.29
    Daily Fibonacci 61.8%: 126.4
    Daily Pivot Point S1: 126.05
    Daily Pivot Point S2: 125.85
    Daily Pivot Point S3: 125.58
    Daily Pivot Point R1: 126.52
    Daily Pivot Point R2: 126.78
    Daily Pivot Point R3: 126.98


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