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EUR/JPY Day by day Outlook

eur/jpy-day-by-day-outlook

Day by day Pivots: (S1) 156.12; (P) 156.64; (R1) 157.43; Extra….

Intraday bias in EUR/JPY stays on the draw back as correction from 157.99 is extending to 154.03 help or beneath. However general outlook will keep bullish so long as 151.60 resistance turned help holds. Bigger rally remains to be anticipated to renew by 157.99 after the correction completes.

Within the larger image, rise from 114.42 (2020 low) is in progress. Subsequent goal is 100% projection of 124.37 to 148.38 from 138.81 at 162.82. For now, medium time period outlook will stay bullish so long as 151.60 resistance turned help holds, even in case of deep pull again.

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