EUR/JPY prints new yearly highs in levels just shy of 161.00 the figure at the beginning of the week.
EUR/JPY advances to new 2023 tops near 161.00. Immediately to the upside emerges the 2008 peak near 170.00. Further upside appears well on the cards for the cross in the short-term horizon. Against that, the surpass of the 2023 high of 160.98 should face the next significant resistance level not before the 2008 top of 169.96 So far, the longer term positive outlook for the cross appears favoured while above the 200-day SMA, today at 151.72.
88 Today Daily Change 87 Today Daily Change % 0.36 Today daily open 160.31 Trends Daily SMA20 158.58 Daily SMA50 158.1 Daily SMA100 157.45 Daily SMA200 151.67 Levels Previous Daily High 160.4 Previous Daily Low 159.6 Previous Weekly High 160.85 Previous Weekly Low 157.7 Previous Monthly High 160.85 Previous Monthly Low 154.39 Daily Fibonacci 38.2% 160.09 Daily Fibonacci 61.8% 159.9 Daily Pivot Point S1 159.8 Daily Pivot Point S2 159.29 Daily Pivot Point S3 158.99 Daily Pivot Point R1 160.
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