- EUR/JPY extends gains above 137.00.
- Immediately on the upside is the August high at 138.40.
EUR/JPY extends Tuesday’s gains and recovers the 137.00 zone and beyond on Wednesday.
Should the recovery turn more serious, then the cross should meet the next barrier at the 100-day simple moving average at 138.10, before the more relevant August high at 138.39 (Aug 10).
As long as it is above the 200 SMA today at 133.98, the outlook for the pair should remain constructive.
EUR/JPY day chart
|Last Price Today||137.33|
|Today’s Daily Change||0.84|
|Today’s Daily Change %||0.62|
|Today’s Daily Opening||136.49|
|20 Daily SMA||137.46|
|50 Daily SMA||139.52|
|100 Daily SMA||138.12|
|200 Daily SMA||133.98|
|Previous Daily High||136.92|
|Previous Daily Minimum||134.95|
|Previous Maximum Weekly||138.4|
|Previous Weekly Minimum||136.3|
|Monthly Prior Maximum||142.43|
|Previous Monthly Minimum||135.55|
|Daily Fibonacci 38.2%||136.17|
|Daily Fibonacci 61.8%||135.7|
|Daily Pivot Point S1||135.32|
|Daily Pivot Point S2||134.15|
|Daily Pivot Point S3||133.35|
|Daily Pivot Point R1||137.29|
|Daily Pivot Point R2||138.09|
|Daily Pivot Point R3||139.26|
Source: Fx Street
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