EUR/JPY Price Analysis: Extra consolidation looks likely

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EUR/JPY Price Analysis: Extra consolidation looks likely
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EUR/JPY navigates within a narrow range in the 158.00 region so far on Tuesday. Considering the ongoing performance, further consolidation appears in

EUR/JPY alternates gains with losses around 158.00. The continuation of the side-lined trade appears on the cards. store for the cross for the time being. In the meantime, the breakout of this range could put the September high of 158.65 to the test ahead of the 2023 top at 159.76 . So far, the longer term positive outlook for the cross appears favoured while above the 200-day SMA, today at 150.42. EUR/JPY daily chart EUR/JPY Overview Today last price 157.

83 Today Daily Change 105 Today Daily Change % -0.03 Today daily open 157.87 Trends Daily SMA20 157.48 Daily SMA50 157.91 Daily SMA100 156.27 Daily SMA200 150.38 Levels Previous Daily High 157.99 Previous Daily Low 157.06 Previous Weekly High 158.61 Previous Weekly Low 156.51 Previous Monthly High 158.66 Previous Monthly Low 156.58 Daily Fibonacci 38.2% 157.63 Daily Fibonacci 61.8% 157.41 Daily Pivot Point S1 157.29 Daily Pivot Point S2 156.71 Daily Pivot Point S3 156.

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