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EUR/JPY Daily Outlook

Daily Pivots: (S1) 125.99; (P) 126.20; (R1) 126.50; More…. Intraday bias in EUR/JPY remains mildly on the upside at this point. Rebound from 125.07 would extend to retest 127.48 resistance. However, break of 125.07 will argue that the correction from 127.48 is resuming. Intraday bias will be turned back to the downside for 61.8% retracement
The post EUR/JPY Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 125.99; (P) 126.20; (R1) 126.50; More…. Intraday bias in EUR/JPY remains mildly on the upside at this point. Rebound from 125.07 would extend to retest 127.48 resistance. However, break of 125.07 will argue that the correction from 127.48 is resuming. Intraday bias will be turned back to the downside for 61.8% retracement […]

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

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