EUR/JPY’s decline from 127.07 resumed last week by taking out 122.37 support. Initial bias remains on the downside this week for 61.8% retracement of 114.42 to 127.07 at 119.25, which is close to 119.31 key support. We’d look for strong support there to contain downside to bring rebound. On the upside, break of 122.89 minor
The post EUR/JPY Weekly Outlook appeared first on Action Forex.
EUR/JPY’s decline from 127.07 resumed last week by taking out 122.37 support. Initial bias remains on the downside this week for 61.8% retracement of 114.42 to 127.07 at 119.25, which is close to 119.31 key support. We’d look for strong support there to contain downside to bring rebound. On the upside, break of 122.89 minor […]
The post EUR/JPY Weekly Outlook appeared first on Action Forex.