EUR/JPY prints humble gains in the 162.10/20 band midweek.
Extra decline could see the 161.20 region revisited in the short term.
sets aside two daily pullbacks in a row and manages to bounce off earlier lows in the 161.50 area on Wednesday.The continuation of the downward bias carries the potential to drag the cross to the weekly low of 161.20/25 band (November 21) prior to the provisional 55-day SMA, today at 159.45.So far, the longer term positive outlook for the cross appears favoured while above the 200-day SMA at 153.46.
EUR/JPY daily chart(Click on image to enlarge)
EUR/JPY
| OVERVIEW |
| Today last price |
162.16 |
| Today Daily Change |
70 |
| Today Daily Change % |
0.06 |
| Today daily open |
162.06 |
| TRENDS |
| Daily SMA20 |
162.09 |
| Daily SMA50 |
159.6 |
| Daily SMA100 |
158.46 |
| Daily SMA200 |
153.41 |
| LEVELS |
| Previous Daily High |
162.98 |
| Previous Daily Low |
161.92 |
| Previous Weekly High |
163.66 |
| Previous Weekly Low |
161.25 |
| Previous Monthly High |
160.85 |
| Previous Monthly Low |
154.39 |
| Daily Fibonacci 38.2% |
162.33 |
| Daily Fibonacci 61.8% |
162.58 |
| Daily Pivot Point S1 |
161.66 |
| Daily Pivot Point S2 |
161.27 |
| Daily Pivot Point S3 |
160.61 |
| Daily Pivot Point R1 |
162.72 |
| Daily Pivot Point R2 |
163.38 |
| Daily Pivot Point R3 |
163.77 |
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