EUR/JPY Price Analysis: Firm resistance remains around 158.60

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EUR/JPY Price Analysis: Firm resistance remains around 158.60
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EUR/JPY regains some composure and manages to leave behind a two-day negative streak at the beginning of the week. The acceleration of the rebound is

EUR/JPY reverses two daily pullbacks in a row on Monday. Further upside should meet the next target around 158.60. expected to put the September high of 158.65 to the test ahead of the 2023 top at 159.76 , which precedes the key round level at 160.00. So far, the longer term positive outlook for the cross appears favoured while above the 200-day SMA, today at 150.33. EUR/JPY daily chart EUR/JPY Overview Today last price 157.47 Today Daily Change 63 Today Daily Change % 0.

18 Today daily open 157.19 Trends Daily SMA20 157.48 Daily SMA50 157.89 Daily SMA100 156.2 Daily SMA200 150.3 Levels Previous Daily High 158.05 Previous Daily Low 157.05 Previous Weekly High 158.61 Previous Weekly Low 156.51 Previous Monthly High 158.66 Previous Monthly Low 156.58 Daily Fibonacci 38.2% 157.43 Daily Fibonacci 61.8% 157.67 Daily Pivot Point S1 156.81 Daily Pivot Point S2 156.43 Daily Pivot Point S3 155.81 Daily Pivot Point R1 157.81 Daily Pivot Point R2 158.

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