EUR/JPY Weekly Outlook

EUR/JPY edged higher to 130.65 last week but retreated since then. Breach of 129.47 support indicates short term topping, on bearish divergence condition in 4 hour MACD. Initial bias is mildly on the downside this week for pull back. But downside should be contained above 127.48 resistance turned support to bring rise resumption. But for
The post EUR/JPY Weekly Outlook appeared first on Action Forex.

EUR/JPY edged higher to 130.65 last week but retreated since then. Breach of 129.47 support indicates short term topping, on bearish divergence condition in 4 hour MACD. Initial bias is mildly on the downside this week for pull back. But downside should be contained above 127.48 resistance turned support to bring rise resumption. But for […]

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

Related Articles

Responses

Your email address will not be published. Required fields are marked *