EUR/JPY Daily Outlook – Action Forex


Each day Axes: (S1) 160.93; (P) 161.76; (R1) 162.64; more

The bias inside the day at EUR/JPY stays impartial. On the higher aspect, greater than 164.16 will resume the meeting from 154.77 to 164.89 resistance, then 166.67. Nonetheless, the 158.27 decisive break will restore a deeper lower to 154.77 assist. Usually, the fashion of uniformity of the perimeters of 154.40 extends.

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Within the largest picture, the value procedures are from 175.41 corrections for the gathering of 114.42 (2020 low). A robust assist from 38.2 % from 114.42 to 175.41 in 152.11 must be noticed to include the draw back. Nonetheless, a sustainable break from 152.11 will carry a deeper fall in order that it’s nonetheless a correction.

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2025-04-11 06:51:23

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