EUR/JPY’s decline last week argues that rebound from 121.63 has completed at 125.13, after rejection by 125.08 resistance. The development suggests that corrective pattern from 127.07 is extending another falling leg. Initial bias remains neutral this week first. Below 122.84 will target a test on 121.63 support. However, break of 123.66 will dampen this bearish
The post EUR/JPY Weekly Outlook appeared first on Action Forex.
EUR/JPY’s decline last week argues that rebound from 121.63 has completed at 125.13, after rejection by 125.08 resistance. The development suggests that corrective pattern from 127.07 is extending another falling leg. Initial bias remains neutral this week first. Below 122.84 will target a test on 121.63 support. However, break of 123.66 will dampen this bearish […]
The post EUR/JPY Weekly Outlook appeared first on Action Forex.