#EURJPY @ 143.233 widens the rally beyond the 143.00 mark. (Pivot Orderbook analysis)
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- EUR/JPY widens the rally beyond the 143.00 mark.
- Next target now comes at the 2022 high above 144.00.
The pair currently trades last at 143.233.
The previous day high was 141.76 while the previous day low was 139.58. The daily 38.2% Fib levels comes at 140.93, expected to provide support. Similarly, the daily 61.8% fib level is at 140.41, expected to provide support.
EUR/JPY picks up pace and trades with gains for the fourth consecutive session on Wednesday.
Extra gains in the cross remain well favoured for the time being, with the next target now emerging at the YTD high at 144.27 (June 28).
While above the 200-day SMA at 134.68, the prospects for the pair should remain constructive.
Technical Levels: Supports and Resistances
EURJPY currently trading at 143.26 at the time of writing. Pair opened at 141.41 and is trading with a change of 1.31 % .
| Overview | Overview.1 | |
|---|---|---|
| 0 | Today last price | 143.26 |
| 1 | Today Daily Change | 204.00 |
| 2 | Today Daily Change % | 1.31 |
| 3 | Today daily open | 141.41 |
The pair remains strongly bullish on the daily timeframe. It trades above its 20 SMA @ 137.78, 50 SMA 138.35, 100 SMA @ 138.47 and 200 SMA @ 134.64.
| Trends | Trends.1 | |
|---|---|---|
| 0 | Daily SMA20 | 137.78 |
| 1 | Daily SMA50 | 138.35 |
| 2 | Daily SMA100 | 138.47 |
| 3 | Daily SMA200 | 134.64 |
The previous day high was 141.76 while the previous day low was 139.58. The daily 38.2% Fib levels comes at 140.93, expected to provide support. Similarly, the daily 61.8% fib level is at 140.41, expected to provide support.
Note the levels of interest below:
- Pivot support is noted at 140.07, 138.73, 137.89
- Pivot resistance is noted at 142.25, 143.1, 144.44
| Levels | Levels.1 |
|---|---|
| Previous Daily High | 141.76 |
| Previous Daily Low | 139.58 |
| Previous Weekly High | 140.75 |
| Previous Weekly Low | 137.04 |
| Previous Monthly High | 139.73 |
| Previous Monthly Low | 133.40 |
| Daily Fibonacci 38.2% | 140.93 |
| Daily Fibonacci 61.8% | 140.41 |
| Daily Pivot Point S1 | 140.07 |
| Daily Pivot Point S2 | 138.73 |
| Daily Pivot Point S3 | 137.89 |
| Daily Pivot Point R1 | 142.25 |
| Daily Pivot Point R2 | 143.10 |
| Daily Pivot Point R3 | 144.44 |
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