Trading Strategies

EUR/JPY Daily Outlook

Daily Pivots: (S1) 123.07; (P) 124.10; (R1) 125.51; More…. EUR/JPY’s breach of 125.00 resistance argues that correction from 127.07 has completed with three waves down to 121.63. Intraday bias is back on the upside for retesting 127.07 high. On the downside, though, break of 123.18 minor support would extend the correction with another fall through
The post EUR/JPY Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 123.07; (P) 124.10; (R1) 125.51; More…. EUR/JPY’s breach of 125.00 resistance argues that correction from 127.07 has completed with three waves down to 121.63. Intraday bias is back on the upside for retesting 127.07 high. On the downside, though, break of 123.18 minor support would extend the correction with another fall through […]

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

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