Day by day Pivots: (S1) 161.78; (P) 162.07; (R1) 162.41; Extra…
Intraday bias in EUR/JPY stays on the upside at this level. Present rally from 153.15 is in progress for retesting 164.29 excessive. On the draw back, nonetheless, beneath 161.46 minor help will flip intraday bias impartial first.
Within the larger image, worth 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 help holds (2022 excessive), bigger up pattern from 114.42 (2020 low) is predicted to renew via 164.29 at a later stage. Subsequent goal can be 169.96 (2008 excessive).
