EUR/JPY Daily Outlook

Daily Pivots: (S1) 129.36; (P) 130.02; (R1) 130.43; More…. Intraday bias in EUR/JPY is turned neutral with another retreat. Further rise is still in favor for 100% projection of 121.63 to 127.48 from 125.07 at 130.92. Sustained break there will target 161.8% projection at 134.53 next. Considering bearish divergence condition in 4 hour MACD, break
The post EUR/JPY Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 129.36; (P) 130.02; (R1) 130.43; More…. Intraday bias in EUR/JPY is turned neutral with another retreat. Further rise is still in favor for 100% projection of 121.63 to 127.48 from 125.07 at 130.92. Sustained break there will target 161.8% projection at 134.53 next. Considering bearish divergence condition in 4 hour MACD, break […]

The post EUR/JPY Daily Outlook appeared first on Action Forex.

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