Daily Pivots: (S1) 159.08; (P) 159.81; (R1) 160.52; More… No change in EUR/JPY’s outlook. While rebound from 156.16 might extend higher, it’s still seen as a corrective rise. Further decline is expected as long as 55 D EMA (now at 161.65) holds. On the downside, below 157.85 minor support will bring retest of 156.16 first. […]
The post EUR/JPY Daily Outlook appeared first on Action Forex.