- EUR/JPY extends bearish leg below 136.00.
- Initial support is at the weekly low of 134-94.
EUR/JPY is losing ground for the third session in a row, this time breaking below support at the 136.00 level.
More weakness appears on the scene, with immediate support at the weekly low of 134.94 (Aug 16). Loss of this level should expose a deeper pullback to the 200 SMA today at 134.15.
Above the latter, the outlook for the pair should remain constructive.
EUR/JPY day chart
|Last Price Today||135.78|
|Today’s Daily Change||-0.59|
|Today’s Daily Change %||-0.43|
|Today’s Daily Opening||136.37|
|20 Daily SMA||136.81|
|50 Daily SMA||139.04|
|100 Daily SMA||138.22|
|200 Daily SMA||134.15|
|Previous Daily High||137.06|
|Previous Daily Minimum||135.73|
|Previous Maximum Weekly||137.96|
|Previous Weekly Minimum||134.95|
|Monthly Prior Maximum||142.43|
|Previous Monthly Minimum||135.55|
|Daily Fibonacci 38.2%||136.24|
|Daily Fibonacci 61.8%||136.55|
|Daily Pivot Point S1||135.71|
|Daily Pivot Point S2||135.05|
|Daily Pivot Point S3||134.38|
|Daily Pivot Point R1||137.05|
|Daily Pivot Point R2||137.72|
|Daily Pivot Point R3||138.38|
Source: Fx Street
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