The break of 103.28 confirms resumption of rebound from 97.03. Intraday bias is back on the upside and current rise should target 100% projection of 97.03 to 102.20 from 99.24 at 105.49. At this point, rebound from 97.03 is viewed as a correction only. Below 101.81 minor support will argue that such corrective rise is finished and flip intraday bias back to the downside. Further break of 99.24 will confirm and should send EUR/JPY through 97.03 low


One Comment to “EUR/JPY”

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