EUR/JPY Weekly Outlook

EUR/JPY’s correction from 148.38 extended lower last week and it’s now drawing support from 55 day EMA (now at 143.54). Strong rebound from current level, followed by break of 145.02 minor resistance will turn intraday bias back to the upside for retesting 148.38 high. However, sustained break of 38.2% retracement of 133.38 to 148.38 at […] The post EUR/JPY Weekly Outlook appeared first on Action Forex.
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