EUR/JPY comes under further downside pressure after climbing to new 2023 highs near the 160.00 barrier on Tuesday. Considering the current price actio
EUR/JPY adds to Tuesday’s losses following YTD peaks. Further gains maintain the target at the round level of 160.00. n, further upside appears in the pipeline for the cross in the short-term horizon. Against that, the immediate hurdle emerges at the 2023 top at 159.91 closely followed by the round level at 160.00. So far, the longer term positive outlook for the cross appears favoured while above the 200-day SMA, today at 150.99. EUR/JPY daily chart EUR/JPY Overview Today last price 158.
54 Today Daily Change 53 Today Daily Change % -0.14 Today daily open 158.77 Trends Daily SMA20 157.76 Daily SMA50 157.96 Daily SMA100 156.83 Daily SMA200 150.94 Levels Previous Daily High 159.92 Previous Daily Low 158.54 Previous Weekly High 158.93 Previous Weekly Low 157.06 Previous Monthly High 158.66 Previous Monthly Low 156.58 Daily Fibonacci 38.2% 159.06 Daily Fibonacci 61.8% 159.39 Daily Pivot Point S1 158.23 Daily Pivot Point S2 157.69 Daily Pivot Point S3 156.85 Daily Pivot Point R1 159.
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