EUR/JPY Daily Outlook

Daily Pivots: (S1) 138.80; (P) 139.78; (R1) 141.68; More…. Intraday bias in EUR/JPY is turned neutral first with current recovery. Outlook stays bearish as long as 142.92 resistance holds. Break of 137.37 will resume the decline from 148.38 to 135.40 fibonacci level. However, considering bullish convergence condition in 4 hour MACD, break of 142.92 will […] The post EUR/JPY Daily Outlook appeared first on Action Forex.
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