Day by day Pivots: (S1) 159.12; (P) 159.43; (R1) 159.94; Extra…
Intraday bias in EUR/JPY is again on the upside with break of 160.25 minor resistance. Additional rise ought to be seen to 161.84 resistance first. Agency break there’ll goal 164.29 excessive. For now, additional rally is anticipated so long as 158.06 assist holds, in case of restoration.
Within the larger image, value actions from 164.29 medium time period prime are seen as a correction to rise from 139.05 solely. So long as 148.38 resistance turned assist holds (2022 excessive), bigger up development from 114.42 (2020 low) is anticipated to renew by 164.29 at a later stage.
