#EURJPY @ 142.970 comes under downside pressure and breaches 142.00. (Pivot Orderbook analysis)
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- EUR/JPY comes under downside pressure and breaches 142.00.
- Next on the upside turns up the 2022 top at 145.63.
The pair currently trades last at 142.970.
The previous day high was 144.04 while the previous day low was 143.02. The daily 38.2% Fib levels comes at 143.41, expected to provide resistance. Similarly, the daily 61.8% fib level is at 143.65, expected to provide resistance.
EUR/JPY adds to Tuesday’s losses and briefly breaks below the 142.00 support midweek.
The cross appears within the multi-session range bound theme so far. The break above this stance could open the door to a potential visit to the 2022 high at 145.63 (September 12).
In the meantime, while above the 200-day SMA at 135.45, the prospects for the pair should remain constructive.
Technical Levels: Supports and Resistances
EURJPY currently trading at 142.99 at the time of writing. Pair opened at 143.37 and is trading with a change of -0.27 % .
| Overview | Overview.1 | |
|---|---|---|
| 0 | Today last price | 142.99 |
| 1 | Today Daily Change | 167.00 |
| 2 | Today Daily Change % | -0.27 |
| 3 | Today daily open | 143.37 |
The pair remains strongly bullish on the daily timeframe. It trades above its 20 SMA @ 141.19, 50 SMA 139.13, 100 SMA @ 139.11 and 200 SMA @ 135.42.
| Trends | Trends.1 | |
|---|---|---|
| 0 | Daily SMA20 | 141.19 |
| 1 | Daily SMA50 | 139.13 |
| 2 | Daily SMA100 | 139.11 |
| 3 | Daily SMA200 | 135.42 |
The previous day high was 144.04 while the previous day low was 143.02. The daily 38.2% Fib levels comes at 143.41, expected to provide resistance. Similarly, the daily 61.8% fib level is at 143.65, expected to provide resistance.
Note the levels of interest below:
- Pivot support is noted at 142.91, 142.46, 141.89
- Pivot resistance is noted at 143.93, 144.5, 144.95
| Levels | Levels.1 |
|---|---|
| Previous Daily High | 144.04 |
| Previous Daily Low | 143.02 |
| Previous Weekly High | 145.64 |
| Previous Weekly Low | 142.30 |
| Previous Monthly High | 139.73 |
| Previous Monthly Low | 133.40 |
| Daily Fibonacci 38.2% | 143.41 |
| Daily Fibonacci 61.8% | 143.65 |
| Daily Pivot Point S1 | 142.91 |
| Daily Pivot Point S2 | 142.46 |
| Daily Pivot Point S3 | 141.89 |
| Daily Pivot Point R1 | 143.93 |
| Daily Pivot Point R2 | 144.50 |
| Daily Pivot Point R3 | 144.95 |
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