EUR/JPY Weekly Outlook

EUR/JPY turned into sideway consolidation last week but outlook is unchanged. Initial bias remains neutral this week first. As long as 125.08 resistance holds, the corrective decline from 127.07 is still expected to extend lower. On the downside, break of 121.63 will target 61.8% retracement of 114.42 to 127.07 at 119.25, which is close to
The post EUR/JPY Weekly Outlook appeared first on Action Forex.

EUR/JPY turned into sideway consolidation last week but outlook is unchanged. Initial bias remains neutral this week first. As long as 125.08 resistance holds, the corrective decline from 127.07 is still expected to extend lower. On the downside, break of 121.63 will target 61.8% retracement of 114.42 to 127.07 at 119.25, which is close to […]

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

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