EUR/JPY’s up trend resumed last week and surged to as high as 177.91, but retreated sharply since then. Though, downside is contained above 175.03 resistance turned support. Initial bias stays neutral this week and another rise remains in favor. On the upside, break of 177.91 will target 61.8% projection of 161.06 to 173.87 from 172.24 […]
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Daily Pivots: (S1) 210.95; (P) 211.66; (R1) 212.51; More… Intraday bias in GBP/JPY remains neutral for the moment. On the upside, firm break of 213.28 will resume the rebound from 207.20 to retest 214.98 high. Read more…