EUR/JPY Price Analysis: Some consolidation seems likely below 150.00

EUR/JPY appears to have embarked on a consolidation phase.
The break of 150.00 could put the 2023 high on the radar.

He USD/JPY resumes the bullish path after Friday’s setback, always below the 150.00 zone so far on Monday.

If the cross breaks above the key round level of 150.00, it could challenge the 2023 high at 151.61 (May 2).

For now, the uptrend is in favor, as the cross trades above the 200-day SMA, today at 143.36.

EUR/JPY daily chart

EUR/JPY Technical Levels

USD/JPY

Panorama
Last Price Today	149.31
Today’s Daily Change	0.27
Today’s Daily Change %	0.18
Today’s Daily Open	149.04

Trends
20 Daily SMA	148.47
SMA of 50 Daily	145.84
SMA of 100 Daily	143.89
SMA of 200 Daily	143.33

levels
Previous Daily High	149.8
Minimum Previous Daily	148.72
Previous Weekly High	149.8
Previous Weekly Minimum	147.22
Maximum Prior Monthly	150.44
Minimum Prior Monthly	142.55
Daily Fibonacci 38.2%	149.13
Daily Fibonacci 61.8%	149.39
Daily Pivot Point S1	148.57
Daily Pivot Point S2	148.1
Daily Pivot Point S3	147.48
Daily Pivot Point R1	149.65
Daily Pivot Point R2	150.27
Daily Pivot Point R3	150.74

Source: Fx Street

Joshua
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.

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