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EUR/JPY Technical Analysis: Upside in the cross remains limited around 129.00

  • The cross is trading in the negative territory on Tuesday, reverting part of yesterday’s advance and a 5-day positive streak.
  • The area around 129.00 the figure remains a formidable barrier for the time being, where coincide tops seen in past weeks and the base of the daily cloud.
  • In the meantime, another visit to October’s low in the 126.60 region remains on the cards while capped by the short-term resistance line, today at 129.37.

EUR/JPY daily chart

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EUR/JPY

Overview:
    Last Price: 128.5
    Daily change: -38 pips
    Daily change: -0.295%
    Daily Open: 128.88
Trends:
    Daily SMA20: 128.59
    Daily SMA50: 129.86
    Daily SMA100: 129.53
    Daily SMA200: 130.03
Levels:
    Daily High: 129.08
    Daily Low: 128.46
    Weekly High: 129.24
    Weekly Low: 127.5
    Monthly High: 132.49
    Monthly Low: 126.63
    Daily Fibonacci 38.2%: 128.85
    Daily Fibonacci 61.8%: 128.7
    Daily Pivot Point S1: 128.53
    Daily Pivot Point S2: 128.19
    Daily Pivot Point S3: 127.91
    Daily Pivot Point R1: 129.15
    Daily Pivot Point R2: 129.43
    Daily Pivot Point R3: 129.77

 

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