EUR/JPY Price Analysis: Interim Top Above 144.00?
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- EUR/JPY reverses two consecutive daily pullbacks on Friday.
- Further gains seen above the 2023 high past 144.00.
EUR/JPY manages to rebound from earlier multi-session lows near 142.00 and returns to positive territory at the end of the week.
While the cross looks somewhat side-lined for the time being, a convincing breakout of 2023 high at 144.16 (February 21) could spark extra strength to, initially, the December 2022 peak at 146.72 (December 15).
In the meantime, while above the 200-day SMA, today at 141.41, the outlook for the cross is expected to remain positive.
EUR/JPY daily chart
(Click on image to enlarge)
EUR/JPY
OVERVIEW | |
---|---|
Today last price | 143.25 |
Today Daily Change | 114 |
Today Daily Change % | 0.34 |
Today daily open | 142.76 |
TRENDS | |
---|---|
Daily SMA20 | 142.02 |
Daily SMA50 | 141.36 |
Daily SMA100 | 143.1 |
Daily SMA200 | 141.41 |
LEVELS | |
---|---|
Previous Daily High | 143.52 |
Previous Daily Low | 142.56 |
Previous Weekly High | 143.67 |
Previous Weekly Low | 140.19 |
Previous Monthly High | 142.86 |
Previous Monthly Low | 137.39 |
Daily Fibonacci 38.2% | 142.93 |
Daily Fibonacci 61.8% | 143.15 |
Daily Pivot Point S1 | 142.38 |
Daily Pivot Point S2 | 141.99 |
Daily Pivot Point S3 | 141.42 |
Daily Pivot Point R1 | 143.33 |
Daily Pivot Point R2 | 143.9 |
Daily Pivot Point R3 | 144.29 |
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