EUR/JPY Daily Outlook

Daily Pivots: (S1) 124.18; (P) 124.59; (R1) 125.15; More…. EUR/JPY is still limited below 125.08 resistance despite current rebound. Intraday bias stays neutral first. On the downside, below 123.01 will target 38.2% retracement of 114.42 to 127.07 at 122.23. Firm break there will confirm resumption of whole corrective fall from 127.07, and target 61.8% retracement
The post EUR/JPY Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 124.18; (P) 124.59; (R1) 125.15; More…. EUR/JPY is still limited below 125.08 resistance despite current rebound. Intraday bias stays neutral first. On the downside, below 123.01 will target 38.2% retracement of 114.42 to 127.07 at 122.23. Firm break there will confirm resumption of whole corrective fall from 127.07, and target 61.8% retracement […]

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

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