EUR/JPY Mid-Day Outlook

Daily Pivots: (S1) 127.39; (P) 128.22; (R1) 128.86; More…. EUR/JPY’s rebound from 124.37 resumed by breaking 129.01 temporary top. Intraday bias is back on the upside. Sustained trading above 55 day EMA (now at 129.30) will argue that correction from 134.11 has completed, and bring stronger rally to retest this high. On the downside, though, […] The post EUR/JPY Mid-Day Outlook appeared first on Action Forex.
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