Saturday, 14 May 2022

EUR/JPY Weekly Outlook

EUR/JPY’s correction from 139.99 extended lower last week, but a temporary low should be in place at 132.63. Initial bias is neutral this week first. Risk stays on the downside as long as 138.33 resistance holds. Below 132.63 will target 61.8% retracement of 124.37 to 139.99 at 130.33. In the bigger picture, up trend from […] The post EUR/JPY Weekly Outlook appeared first on Action Forex.
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