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EUR/JPY Day by day Outlook

eur/jpy-day-by-day-outlook

Day by day Pivots: (S1) 154.84; (P) 155.59; (R1) 156.11; Extra…

Intraday bias in EUR/JPY stays impartial as vary buying and selling continues. On the upside, above 158.55 will resume the corrective rebound from 153.15. On the draw back, break of 153.15 will resume entire fall from 164.39 to 61.8% retracement of 139.05 to 164.29 at 148.69.

Within the larger image, worth actions from 164.29 medium time period high are tentatively seen as a correction to rise from 139.05 for now. So long as 148.48 resistance turned help holds (2022 excessive), bigger up development from 114.42 (2020 low) might nonetheless resume via 164.29 at a later stage.

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