Each day Pivots: (S1) 156.04; (P) 157.30; (R1) 159.22; Extra..
Intraday bias in EUR/JPY stays on the upside for the second. Rebound from 153.15 ought to goal 55 D EMA (now at 158.97). On the draw back, break of 153.15 will resume complete 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 assist holds (2022 excessive), bigger up development from 114.42 (2020 low) might nonetheless resume by 164.29 at a later stage.
