(VIANEWS) – EUR/JPY (EURJPY) has been up by 1.25% for the last 10 sessions. At 11:11 EST on Tuesday, 16 May, EUR/JPY (EURJPY) is $148.32.
Eur/jpy price analysis: oscillates around the head-and-shoulders neckline awaits a break
Conversely, if EUR/JPY breaks above the 148.40 confluence, the EUR/JPY might rally toward a new YTD high at 151.61., The confluence of the neckline and the last year’s high of 148.40 can prove challenging for buyers while a good zone for EUR/JPY sellers.
EUR/JPY’s yearly highs and lows, it’s 11.172% up from its 52-week low and 2.156% down from its 52-week high.
Volatility
EUR/JPY’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.09%, a positive 0.36%, and a positive 0.57%, respectively.
EUR/JPY’s highest amplitude of average volatility was 0.38% (last week), 0.62% (last month), and 0.57% (last quarter), respectively.
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