EURJPY Outlook

Daily Pivots: (S1) 158.88; (P) 159.35; (R1) 160.10; More… Range trading continues in EUR/JPY and intraday bias remains neutral. Further rise is mildly in favor as long as 157.19 minor support holds. Firm break of 100% projection of 153.15 to 158.55 from 155.06 at 160.46 will pave the way to 161.8% projection at 163.79. However

Daily Pivots: (S1) 158.27; (P) 158.96; (R1) 159.37; More… Intraday bias in EUR/JPY remains neutral for the moment. Further rise is mildly in favor as long as 157.19 minor support holds. Firm break of 100% projection of 153.15 to 158.55 from 155.06 at 160.46 will pave the way to 161.8% projection at 163.79. However, break

EUR/JPY roses further to 160.17 last week but retreated ahead of 100% projection of 153.15 to 158.55 from 155.06 at 160.46. Initial bias remains neutral this week first. Further rise is mildly in favor as long as 157.19 minor support holds. Firm break of 160.46 will pave the way to 161.8% projection at 163.79. However

Daily Pivots: (S1) 159.15; (P) 159.66; (R1) 159.95; More… Despite loss of upside momentum, further rally is expected in EUR/JPY for now. Rebound from 153.15 would target 100% projection of 153.15 to 158.55 from 155.06 at 160.46. Firm break there will target 161.8% projection at 163.79. However, break of 157.19 support will argue that the

Daily Pivots: (S1) 158.47; (P) 159.22; (R1) 160.68; More… Intraday bias in EUR/JPY stays on the upside at this point. Current rebound from 153.15 is in progress for 100% projection of 153.15 to 158.55 from 155.06 at 160.46. Firm break there will target 161.8% projection at 163.79. For now, further rise will remain in favor

Daily Pivots: (S1) 157.42; (P) 157.73; (R1) 158.24; More… EUR/JPY’s rebound from 153.15 is resuming by breaking 158.97 resistance. Intraday bias is back on the upside. Next target is 100% projection of 153.15 to 158.55 from 155.06 at 160.46. For now, further rise will remain in favor as long as 157.19 support holds, in case

Daily Pivots: (S1) 157.42; (P) 157.73; (R1) 158.24; More… Intraday bias in EUR/JPY stays neutral at this point, and further rally is in favor with 155.06 support intact. On the upside, above 158.97 will resume the rebound from 153.15 to 100% projection of 153.15 to 158.55 from 155.06 at 160.46. In the bigger picture, price