EUR/JPY edged higher to 127.48 last week but retreated since then. Initial bias is turned neutral this week first. Outlook will stay bullish as long as 126.03 support holds. Break of 127.48 will resume larger rise from 114.42. Next target is 128.67 medium term fibonacci level. However, firm break of 126.03 will suggest short term
The post EUR/JPY Weekly Outlook appeared first on Action Forex.
EUR/JPY edged higher to 127.48 last week but retreated since then. Initial bias is turned neutral this week first. Outlook will stay bullish as long as 126.03 support holds. Break of 127.48 will resume larger rise from 114.42. Next target is 128.67 medium term fibonacci level. However, firm break of 126.03 will suggest short term […]
The post EUR/JPY Weekly Outlook appeared first on Action Forex.