Daily Pivots: (S1) 172.16; (P) 172.59; (R1) 172.94; More… EUR/JPY’s steep decline and strong break of 171.53 support suggests that rebound from 169.69 has completed. Corrective pattern from 173.87 is extending with fall from 172.99 as the third leg. Intraday bias is back on the downside for 169.69. Strong support is expected from 38.2% retracement […]

The post EUR/JPY Daily Outlook appeared first on Action Forex.