#EURJPY @ 142.214 adds to Monday’s uptick above the 142.00 barrier. (Pivot Orderbook analysis)

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• EUR/JPY adds to Monday’s uptick above the 142.00 barrier.
• Extra gains now target the resistance area around 143.00.

The pair currently trades last at 142.214.

The previous day high was 142.38 while the previous day low was 140.19. The daily 38.2% Fib levels comes at 141.55, expected to provide support. Similarly, the daily 61.8% fib level is at 141.03, expected to provide support.

EUR/JPY pushes higher and surpasses the key barrier at 142.00 the figure on Tuesday.

While the cross looks broadly side-lined for the time being, further gains could prompt a test of the key 143.00 hurdle to re-emerge on the horizon ahead of the December 2022 high near 146.70.

A convincing breakout of the 200-day SMA, today at 141.08, should shift the outlook to a more constructive one.

Technical Levels: Supports and Resistances

EURJPY currently trading at 142.23 at the time of writing. Pair opened at 141.85 and is trading with a change of 0.27 % .

The pair is trading above its 20 Daily moving average @ 140.95, above its 50 Daily moving average @ 141.54 , below its 100 Daily moving average @ 142.98 and above its 200 Daily moving average @ 141.1

The previous day high was 142.38 while the previous day low was 140.19. The daily 38.2% Fib levels comes at 141.55, expected to provide support. Similarly, the daily 61.8% fib level is at 141.03, expected to provide support.

Note the levels of interest below:

• Pivot support is noted at 140.57, 139.28, 138.37
• Pivot resistance is noted at 142.76, 143.67, 144.96

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