Daily Pivots: (S1) 157.64; (P) 158.29; (R1) 158.87; More…. EUR/JPY’s up trend resumed by breaking through 159.90 today. Intraday bias is back on the upside. Current rally should target 163.06 projection level next. On the downside, break of 157.67 support is needed to indicate short term topping. Otherwise, outlook will stay bullish in case of
EURJPY Outlook
Daily Pivots: (S1) 157.64; (P) 158.29; (R1) 158.87; More…. Intraday bias in EUR/JPY remains neutral as it’s still bounded in range below 159.90. Further rise is in favor as long as 157.67 support holds. Above 159.90 will resume larger up trend to 163.06 projection level. However, firm break of 157.67 will turn bias back to
Daily Pivots: (S1) 157.71; (P) 158.30; (R1) 158.71; More…. Intraday bias in EUR/JPY stays neutral at this point. Further rise is in favor as long as 157.67 support holds. Above 159.90 will resume larger up trend to 163.06 projection level. However, firm break of 157.67 will turn bias back to the downside 154.32 support instead.
EUR/JPY break through 159.75 resistance last week but retreated again after hitting 159.90. Initial bias remains neutral this week for consolidations first. Further rise is in favor as long as 157.67 support holds. Above 159.90 will resume larger up trend to 163.06 projection level. However, firm break of 157.67 will turn bias back to the
Daily Pivots: (S1) 158.28; (P) 158.59; (R1) 159.19; More…. Intraday bias in EUR/JPY stays neutral at this point. Further rise is in favor as long as 157.67 support holds. Above 159.90 will resume larger up trend to 163.06 projection level. However, firm break of 157.67 will turn bias back to the downside 154.32 support instead.
Daily Pivots: (S1) 158.46; (P) 158.70; (R1) 158.99; More…. Intraday bias in EUR/JPY remains neutral for the moment. Further rise is in favor as long as 157.67 support holds. Above 159.90 will resume larger up trend to 163.06 projection level. However, firm break of 157.67 will turn bias back to the downside 154.32 support instead.
Daily Pivots: (S1) 158.23; (P) 159.08; (R1) 159.61; More…. Intraday bias in EUR/JPY is turned neutral again as it retreated quickly after hitting 159.90. For now, further rise is in favor as long as 157.67 support holds. Above 159.90 will resume larger up trend to 163.06 projection level. However, firm break of 157.67 will turn