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EUR/JPY Day by day Outlook


Day by day Pivots: (S1) 155.24; (P) 156.10; (R1) 156.55; Extra…

Vary buying and selling continues in EUR/JPY and intraday bias stays impartial. On the upside, above 158.55 will resume the corrective rebound from 153.15. 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 greater image, worth actions from 164.29 medium time period prime 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 pattern from 114.42 (2020 low) might nonetheless resume via 164.29 at a later stage.

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