Trading Strategies

EUR/JPY Weekly Outlook

EUR/JPY’s fall last week suggests that corrective rise from 122.37 has completed at 125.08 already. But as a temporary low was formed at 123.01, initial bias is neutral this week first. On the downside, below 123.01 will target 38.2% retracement of 114.42 to 127.07 at 122.23. Firm break there will confirm resumption of whole corrective
The post EUR/JPY Weekly Outlook appeared first on Action Forex.

EUR/JPY’s fall last week suggests that corrective rise from 122.37 has completed at 125.08 already. But as a temporary low was formed at 123.01, initial bias is neutral this week first. On the downside, below 123.01 will target 38.2% retracement of 114.42 to 127.07 at 122.23. Firm break there will confirm resumption of whole corrective […]

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

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