Every day Pivots: (S1) 159.25; (P) 159.66; (R1) 160.26; Extra….
Intraday bias in EUR/JPY stays impartial for consolidation beneath 160.84. Outlook keep bullish so long as 157.67 assist holds. Break of 160.84 will resume bigger up pattern to 163.06 projection degree subsequent.
Within the greater image, rise from 114.42 (2020 low) is in progress. Subsequent goal is 100% projection of 124.37 to 148.38 from 139.05 at 163.06. On the draw back, break of 154.32 assist is required to be the primary signal of medium time period topping. In any other case, outlook will stay bullish even in case of deep pullback.
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