- EUR/JPY attempts a slight rebound after Wednesday’s drop.
- The August high at 138.39 caps the upside for now.
EUR/JPY rebounds from weekly lows in the 136-60/50 band and recovers some ground lost in Wednesday’s sharp pullback.
For now, the August recovery seems to have met some initial resistance at the 138.40 area (Aug 10). If the cross regains upside traction and breaks above this level, it could extend the move to initially the 55-day simple moving average today at 139.06.
As long as it is above the 200 SMA at 133.87, the outlook for the cross is expected to remain constructive. This zone of contention also appears to be underpinned by the approach of the August low at 133.39 (Aug 2).
EUR/JPY day chart
EUR/JPY
Panorama | |
---|---|
Last Price Today | 136.73 |
Today’s Daily Change | -0.17 |
Today’s Daily Change % | -0.12 |
Today’s Daily Opening | 136.9 |
Trends | |
---|---|
20 Daily SMA | 138.17 |
50 Daily SMA | 139.85 |
100 Daily SMA | 138.07 |
200 Daily SMA | 133.88 |
levels | |
---|---|
Previous Daily High | 138.4 |
Previous Daily Minimum | 136.62 |
Previous Maximum Weekly | 137.76 |
Previous Weekly Minimum | 133.4 |
Monthly Prior Maximum | 142.43 |
Previous Monthly Minimum | 135.55 |
Daily Fibonacci 38.2% | 137.3 |
Daily Fibonacci 61.8% | 137.72 |
Daily Pivot Point S1 | 136.21 |
Daily Pivot Point S2 | 135.52 |
Daily Pivot Point S3 | 134.43 |
Daily Pivot Point R1 | 137.99 |
Daily Pivot Point R2 | 139.09 |
Daily Pivot Point R3 | 139.77 |
Source: Fx Street

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